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Tuesday, August 27, 2013

MCX COPPER UPDATES FOR AUG 27 2013

TUESDAY 9.15 PM IST


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BASE METALS UPDATE

Copper bounced sharply after a sharp break of Rs 483 levels

and tested the strong pschycological resistance of 500

Now buying could come above Rs 495 levels

To test 500 levels again

Nickel positive on hold above Rs 950

To test 980 to 1000

Lead support now seen at Rs 146

and Res at Rs 150

Zinc above Rs 128 looks positive .