Tuesday, November 15, 2011

MCX Copper trading tips and NCDEX tips

MCX Copper tips:
With MCX Copper (Nov) prices currently trading around 389.35. It is looking consolidate in the coming trading session if copper manages to trade below the support level of 384 else above resistance level of 394 it would be in an upward trend.
Trader SELL Copper (November) below 389 target: 387.30 stoploss: 391
Soy oil Prices at NCDEX, November contract continues uptrend in today’s trading session as well. Trader may buy soyabean Resistance: 2280 and above this levels 2330 else sell soyabean Support: 2205 and below this levels 2160.


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