Metals: Base metal futures on MCX were trading slightly
higher tracking rise in benchmark contracts on the London Metal
Exchange, where prices gained following release of upbeat manufacturing
Purchasing Managers Index data from China. China's HSBC preliminary
Purchasing Managers' Index rose to 51.7 in March from 50.4 in February.
MCX Copper April contract is looking negative for the day. Market may find support near 414 & 411; intraday resistance can be seen near 418 & 421. Day traders are advised to sell intraday on rise. (Sell around 418 with SL 421, for the target of 414 & 411.)
MCX Copper April contract is looking negative for the day. Market may find support near 414 & 411; intraday resistance can be seen near 418 & 421. Day traders are advised to sell intraday on rise. (Sell around 418 with SL 421, for the target of 414 & 411.)
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