April 08, 2011

Commodity Copper MCX Tips And Report 08 April

The commodity copper April MCX prices get back again yesterday to its previous mode at MCX and Showed a close at 427.95.

While when we look at commodity MCX chart, a White opening Morubozu candle stick is seen and it is  suggesting bullish mode at MCX and it is going to be continued for the day. The copper MCX Spot prices are in a bullish mode and bullish mode beneficent for trade at copper MCX. 

The commodity copper market is for MCX is settled at upper node and for short term moving average it is  suggesting a upside view at MCX. The copper for LME Market is trading at 9578(-42) which is slightly lower suggesting downside opening in the Indian market at MCX and NCDEX.

Overall bullishness expected in the trend and it suggested buying for intraday. The MCX tip for today for commodity copper at MCX is for buying.

Copper MCX: Buy April at 425 TP 429 SL 423.50.

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