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Last Updated :May 25, 23:29 IST
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Last Updated : February 13, 2012 15:50
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MCX copper weighs down, resistance at Rs.427.30-431.30: Angel

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Easing tensions with respect to Greece debt worries will lead to upbeat sentiments in the global markets today.

On account of this, coupled with weakness in the US dollar, we expect base metals complex to trade higher today.

MCX Copper Feb’12 Rs /kg support:420.20/416.20 resistance:427.30/431.30

MCX Zinc Feb’12 Rs /kg support:102.05/100.85 resistance: 104.30/105.50

MCX Lead Feb’12 Rs /kg support:104.45/103.0 resistance:107.10/108.10

MCX Aluminum Feb’12 Rs /kg support:109.55/108.65 resistance:111.20/113.0

MCX Nickel Feb’12 Rs /kg support: 1017/1001 resistance: 1045/1060

Looking for Agri Research? Visit research.commodityonline.com

MCX GOLD.995 04 August 2012 contract was trading at Rs 28520 , up Rs. 133 . What's your view on it?
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