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Showing posts with label MCX Copper Outlook. Show all posts
Showing posts with label MCX Copper Outlook. Show all posts

Wednesday, 21 September 2011

MCX Copper Outlook, Evening Reports

For MCX Copper Nov futures recovery pull backs are favored towards 405-408 levels as long as 397 hold the downside. Selling pressure can be seen below 397 level and it may intensify  the bearish trend and till 394-388 levels. However upside trend around is expected until MCX Copper trades above 412 level supported with volume.

Intraday Technical levels :
R1 : 408 || R2 : 412
S1 : 397 || S2 : 394