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Tuesday, May 20, 2014

MCX COPPER UPDATES FOR MAY 19 2014

TUESDAY



TRADING LEVELS FOR MORNING SESSION



MCX JUNE COPPER


SUPPORT 409.90 407.80 406.10


RES 414.70 417.40 420/60


WAIT FOR CONFIRMATION


BASE METALS UPDATE


Copper trading in a tight range and no clear direction

seen as yet .Prices trading from Rs 412 to 413 levels

since yesterday .Need to hold above Rs 414 or below Rs 411

for next move ,