Mcx Copper and crude oil are follow a
low trend today in early two session, on evening session more
depreciation in negative direction is expected. Continuous recovery in
rupees make red shower in domestic market, crude oil were trading on
negative path but correction is hope on evening session in positive
direction.
On evening session buy crude oil is it
cross the mark of 6850 with target 6870,6900, 6930 while if not
follow positive trend and drop then sell it on deep below 6800.
copper for delivery in November made a
low of 465.30 and expected negative trend on evening session so for
long term trader it good to buy in deep and wait for good level while
short term trader sell copper above 473.
nickel trader be conscious on evening
trade a volatile with high movement is going to seen at MCX. Sell
nickel in deep below 870 while buy above 876 with small targets.
For zinc and lead future trader it is
good time to buy and hold for month a strong fresh demand is looking
form industry in Asian market.
Seed Newsvine
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