Monday, July 16, 2012

MCX Tips For Copper, Nickel and Lead Updates

MCX Copper Tips

Copper chart suggest that prices are trading near a crucial support of 424 levels. MACD is in a buy mode and prices are trading above the short term averages. We recommend a buy around 424 levels with a stop loss placed below 418 levels for a target of 434 levels.

MCX Nickel Tips

The daily price chart suggest that prices are trading near a crucial support of 890 levels. Stochastic is in a buy mode and prices are trading below the short term averages. We recommend a buy around 892 levels with a stop loss placed below 880 levels for a target of 920 levels.

MCX Lead Updates

MCX Lead price chart suggest that prices are trading near a crucial support of 103 levels. MACD is in a buy mode and prices are trading close to the short term averages. We recommend a buy around 103.50 levels with a stop loss placed below 102 levels for a target of 108 levels.

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