Wednesday, 16 January 2013

MCX Copper: Close below Rs.438 may take prices to Rs.433

Copper prices are expected to trade bearish for today with major resistance at Rs.442 and support at Rs.440. Further downside movement is expected if prices close below Rs.438 which on maturity may take prices down towards Rs.433. Sell on rise with stop loss of Rs.442 can be suggested for today's trading session.

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