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Friday, March 20, 2009

UPDATES

TECHNICALS FOR NYMEX TRADING MARCH 20

MCX APRIL COPPER

TREND ; UP

SUPP; 201, 198, 194

RES ; 203, 206.20, 209.10

WAIT FOR FRESH CALL

6 comments:

Rajat said...

can i shot copper? the stock gone up heavily wat does this indicate

akshaya said...

ATTENTION MR RAJAT
Do not sell copper at these levels.
it has support at Rs 200. It looks weak only below Rs 200.
Resistance can be seen around Rs 205 levels.
AKSHAYA

Rajat said...

then do we presume the trend is getting bulish? wat levels would we get to see in the coming week

akshaya said...

ATTENTION MR RAJAT
Copper would be trading in the range of Rs 193 to Rs 208.
Immediete Supports are at Rs 198.90.
AKSHAYA

Anonymous said...

thanks....i earned 4/- in copper and i booked profit on 204.5 and the high was 204.6....your resistance level of 204.7 worked...

akshaya said...

mayank,

thanks.
akshaya