Thursday, October 10, 2013

Evening metal trend and tips| today rupees closed by gain 58 paise at Interbank foreign exchange

MCX metal show sharp negative edge on afternoon trade and expected more declined in remaining session. Mcx copper price for future delivery round up around 440 but a break out is looking and more bearish is seen on remaining session below 440. however nickel also weak at Mcx which fall 0.45% to 845 more negative track are watching on base metal in today trade.
Sell high all metal form current prices.

Today rupees close strongly at inter bank foreign exchange by 61.35 by correcting its position by +58 paise against weak dollar.

Sell copper nov below 442.50 tgt 442/ 440/ 438 sl 446

sell nickel oct below 845.50 tgt 844/ 841/ 835 sl 453

sell lead oct below 127 tgt 126.50/ 126/ 125 sl 128.50


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