May 24, 2012

MCX COPPER Chart Analysis

  • Hour chart is showing a range in MCX Copper.
  • Four hour with Ichimoku is still in BUY mode.
  • Dialy chart shows price loosing momentum near 20 Day SMA.
  • Trading below 424.5 which is yesterday's low would give shorting opportunities.
  • Longs will be safe above 427.7 levels.


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