Yesterday the LME copper was 675mt against the previous of 2575mt. Copper has touched a low of Rs 335.4 a kg after opening at Rs 340.95, and last traded at Rs337.4.For today market is looking for the support at 334.6, a break below could see a test of 331.8 and where as resistance is now likely to be seen at 341, a move above could see prices testing 344.6.
Trading Ideas
TRADING RANGE IS 331.80-344.60.
SELL COPPER @ 339-340 SL 342.60 TGT 337.60-336.80-334.50. MCX
IMP RANGE IS 332-342 LEVEL
MCXARUN
9994500540
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