copper intraday

Yesterday the LME copper was 2550mt against the previous of 1550mt. Copper has touched a low of Rs 317.55 a kg after opening at Rs 322.55, and last traded at Rs320.05.For today market is looking for the support at 317.20, a break below could see a test of 314.40 and where as resistance is now likely to be seen at 323.20, a move above could see prices testing 326.30.

Trading Ideas

TRADING RANGE IS 314.40-326.30.
SELL COPPER @ 324-325 SL 328.20 TGT 322.50-319.60-317.40. MCX
A JUMP CAN BE SEEN TODAY AFTER YESTERDAY FALL IS GOOD TO SELL


MCXARUN
9994500540