Thursday, October 1, 2009
CLOSING COMMENTARY FOR OCT 1 THURSDAY
Copper prices dropped nearly 3 % in MCX after selling
came at strong res of around 297 - 298 levels.
Prices still above the strong res of 287 - 288 levels.
Prices need to close above this. Need to watch these
levels for next move. If prices take sup around these
lvels could rebound.Only a close below 288 could be weak.
Copper prices dropped nearly 3 % in MCX after selling
came at strong res of around 297 - 298 levels.
Prices still above the strong res of 287 - 288 levels.
Prices need to close above this. Need to watch these
levels for next move. If prices take sup around these
lvels could rebound.Only a close below 288 could be weak.
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