Wednesday, 24 February 2016

Mcx Market Tips on Base Metals

Copper. It suggest that prices are making higher highs and lows. On the downside, immediate support is located at 314 levels. Momentum indicator RSI could turn on the upside as it is trading in bullish range of 35-75

Nickel suggests that prices are making making higher highs and lows. Momentum indicator RSI is hovering near overbought line 70 levels. In today's session, prices are expected to trade on bullish note.

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