Friday, October 28, 2011

MCX copper tumbles resistance at Rs.407.90 413.90: Angel

We expect base metals to trade on a positive note today as upbeat global market sentiments coupled with dollar weakness will support upside in prices.
MCX Copper Nov’11 Rs /kg support:396.80/390.80 resistance:407.90/413.90
MCX Zinc Oct’11 Rs /kg support:93.70/92.70 resistance:95.25/96.20
MCX Lead Oct’11 Rs /kg support:97.80/96.50 resistance:100.25/101.50
MCX Aluminum Oct’11 Rs /kg support:108.70/107.50 resistance:111.10/112.40
MCX Nickel Oct’11 Rs /kg support:962.50/950.20 resistance:985.70/996.60
Courtesy: Angel Commodities
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