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Thursday, February 20, 2014
MCX COPPER UPDATES FOR FEB 20 2014
THURSDAY
MARKET UPDATE
Copper dropped at open and looks to test next support
around Rs 447 and take strong support support there .
Sell on small rises advised up to Rs 449
Nickel could trade sideways around Rs 890 to 900 levels
Lead could trade around Rs 132.50 to 133.50
Positive only above Rs 133.50
else to support around Rs 132
Zinc mild weak below Rs 128
To test around Rs 126 levels
Overall base metals looks range bound
Wait for fresh entry