Mtechtips COPPER MCX  intraday trading analysis 17-12-2012

Mcx copper dec future short term traders can hold long positions with trailing stoploss for targets of 460-470.while fresh buying recommended near support zones only.434-440 is long accumulation zone. medium to long term traders now follow weekly closing basis stoploss below 434 and expect 470 and then 495 till next 2-3 weeks. Chinese markets reversal will definitely push copper prices on higher levels on speculative buying.if rupee remain weak it will help rallies to get boost!!





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