Wednesday, 24 September 2014

Latest News on Mcx Industrial Metals

November Copper prices have crucial resistance at Rs.418.0 and as far as prices are trading below this level prices can trade sideways to lower. Prices on lower side can give fresh selling pressure if sustain below Rs.413.0 and can extend fall towards Rs.409.0. Only a breakout above Rs.418.0 will turn outlook positive.

Zinc September prices can face resistance at Rs.137.8-138.0 and can remain under pressure as far as it trades below Rs.139.0. Prices on lower side can have support at Rs.134.5-135.0 and again bounce can be seen.
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