Monday, 8 February 2016

Commodity Trading Tips on Base Metals

Copper prices could trade range bound to firm as the Dollar remains weak. Support remains at 4650 and 4630. Resistance is at 4720. MCX Copper prices could trade firm, tracking firm overseas prices. Support is at 313.55 and 310.00. Resistance is at 320.00.

Nickel prices could trade range bound to firm as the Dollar remains weak. Support is at 8432. Resistance is at 8621. MCX Nickel prices could track overseas prices. Support is at 575.50. Resistance is at 590.60.

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