copper intraday

Yesterday the LME copper was 4450mt against the previous of 1225mt. Copper has touched a low of Rs 341.7 a kg after opening at Rs 342.5, and last traded at Rs343.55.For today market is looking for the support at 341.2, a break below could see a test of 338.85 and where as resistance is now likely to be seen at 346.4, a move above could see prices testing 349.25.

Trading Ideas

TRADING RANGE IS 338-350.
SELL COPPER BELOW 340 SL 342.60 TGT 337.60-336.80-334.50. MCX
OR CAN SELL ON RISE TILL 344-345 LEVEL ALSO OVERALL BELOW 347 LOOK WEAK ONLY
IMP RANGE IS 332-342 LEVEL

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