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Friday, April 6, 2018
COPPER UPDATES FOR APRIL 6 2018
FRIDAY
MARKET UPDATE
Base metals on the London Stock exchange traded mostly
lower during Asian morning trade on Friday .
President Trump has reignited trade fears by saying
that his administration to consider $ 100 billion in
additional tariffs on China .
The Shanghai Futures Exchange is closed on account of
the tomb sweeping day .
In the Mcx Copper opened positive during opening trades
on Thursday .
It remained positive even after the New york trading began
And rallied higher to test resistance 442 .
The negative sentiment now has once again enveloped all
Base metals .
In the Mcx currently trading at Rs 435.90
LEVELS ARE AS UNDER
SUPPORT 1 435
SUPPORT 2 433.80
SUPPORT 3 431.50
RESISTANCE 1 439
RESISTANCE 2 441
RESISTANCE 3 443.20
We will keep updating .
We would like to share with our viewers that we have
introduced several packages to suit each one of you ,
We have also created a FACE BOOK GROUP to clear all
your technical queries
CLICK ON THE LINK BELOW TO JOIN THE GROUP
CLICK HERE
We are also available on Whats app
You can ask in your technical queries there also ,
You can CHAT with us on Whats app at
9840948540
MARKET UPDATE
Base metals on the London Stock exchange traded mostly
lower during Asian morning trade on Friday .
President Trump has reignited trade fears by saying
that his administration to consider $ 100 billion in
additional tariffs on China .
The Shanghai Futures Exchange is closed on account of
the tomb sweeping day .
In the Mcx Copper opened positive during opening trades
on Thursday .
It remained positive even after the New york trading began
And rallied higher to test resistance 442 .
The negative sentiment now has once again enveloped all
Base metals .
In the Mcx currently trading at Rs 435.90
LEVELS ARE AS UNDER
SUPPORT 1 435
SUPPORT 2 433.80
SUPPORT 3 431.50
RESISTANCE 1 439
RESISTANCE 2 441
RESISTANCE 3 443.20
We will keep updating .
We would like to share with our viewers that we have
introduced several packages to suit each one of you ,
We have also created a FACE BOOK GROUP to clear all
your technical queries
CLICK ON THE LINK BELOW TO JOIN THE GROUP
CLICK HERE
We are also available on Whats app
You can ask in your technical queries there also ,
You can CHAT with us on Whats app at
9840948540