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Thursday, November 15, 2018

COPPER UPDATES FOR NOV 15 2018

THURSDAY




MORNING UPDATE



Mcx Copper yesterday opened lower around 427


Tested crucial support at Rs 426



Support could not get broken and it traded


 higher in the US Session .


Hit a high of around Rs 424 .


Today morning all Base Metals have



 opened higher  reversing 


previous days losses .


Dollar has also weakened slightly helping 


base metals prices .


There also seems to be easing of Trade tensions


 between US and China .


LEVELS ARE ASUNDER\



SUPPORT 1 432


SUPPORT 2 430.70


SUPPORT 3 428

RESISTANCE 1 436


RESISTANCE 2 437.20



RESISTANCE 3 440 



We will keep updating .