April 27, 2011

Commodity Copper Report For the Market

The commodity copper contract for April futures platform opened lower yesterday and made a low of 417.60. The Commodity market sentiments are disturbed with a above one. This resulted in market failure with a bullish trend in the market with moving averages.

Commodity copper at LME market is trading at 9505 Rs price (-50) indicating a lower opening for the day. The overall commodity sentiments for copper intra day is expected to be bullish in nature.

Copper MCX: Buy April at 422.50 TP 426/428 SL 420.
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