Friday the LME copper was 2250mt against the previous of 4450mt. Copper has touched a low of Rs 334.9 a kg after opening at Rs 335.15, and last traded at Rs335.1.For today market is looking for the support at 329.8, a break below could see a test of 324.5 and where as resistance is now likely to be seen at 342.1, a move above could see prices testing 349.1.
Trading Ideas
TRADING RANGE IS 324.00-349.00.
SELL COPPER @ 341-342 SL 344.20 TGT 340-338.60-336.80. MCX
BUY COPPER @ 334-335 SL 332.80 TGT 336.70-338.20-339.50. MCX
IMP RANGE IS 332-342 LEVEL
MCXARUN
9994500540
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