MCX copper prices has slipped down below its crucial support 430-431 regions, where it had taken support multiple times. For MCX copper even intraday momentum is also assisting downside moves, major sell offs are favoured only a close below 427 supported with sturdy volume. Unsuccessful attempts to clear below 427 day’s momentum would be a choppy one between 427.50-434 levels.
MCX Copper Updates, Commodity Outlook
Posted on Wednesday, August 03, 2011 by Unknown in
Labels:
Commodity Intraday Outlook,
MCX commodity,
MCX Commodity Tips,
MCX Copper Tips,
MCX Technical Views
on Wednesday, August 03, 2011
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