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Wednesday, March 25, 2009

UPDATE

TECHNICALS FOR MARCH 25

MCX APRIL COPPER

TREND ' SIDEWAYS

SUPP; 199.80, 197.80, 194.60

RES ; 204.80, 208.30, 210

WAIT FOR CALLS

4 comments:

Rajat said...

which side could we trade today, could hold the position till next week. Is there any likelyhood that the prices correct sharply next month

akshaya said...

ATTENTION MR RAJAT
COPPER IS UNABLE TO BREAK EITHER SIDE. IT HAS STRONG SUPPORT AT RS 199.50 , IN WHICH CASE IT MAY GO DOWN.RESISTANCE IS SEEN AT RS 205.50 AND THEN AT 208.
AKSHAYA

Anonymous said...

Do you think Copper is in a OVERBOUGHT ZONE ??

akshaya said...

mayank, copper likely to correct down up to 198levels.
akshaya