Market Update

Market Watch

Saturday 5 January 2013

Mcx Copper News Today


ALUMININUM:
Trend updated for-Jan/05/2013.CMP-113 The Aluminium is in long- medium- term bull phase .Currently Aluminium is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 111-110-109-.Resistance for the Aluminium is 114-

COPPER:
Trend updated for-Jan/05/2013.CMP-451 The Copper is in perfect uptrend .Currently Copper is in strong uptrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Copper. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 441-440-435-434-431-. Immediate resistance for Copper is 457

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