Tuesday, 4 September 2012

MTECHTIPS

MTECHTIPS:-COPPER

Copper witnessed a positive session, as the commodity tested levels above  430 and managed to close the day with gains around  429 levels. For the day support  in copper  is seen around  426 levels any decline will open up 423 levels. Resistance for copper in coming session is seen above the 435 levels. Any gains will open up levels of 438 and higher. The commodity is trading in a small range and break out above 430 levels will be positive.

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