MCX updates today will cover copper trend and tips. Copper prices traded in positive along with other metals, after reports showed a stronger manufacturing in the US and China, which bolstered the outlook for metals demand. Copper futures for May delivery closed slightly higher by 2.5% at $3.921 per pound on the COMEX of the New York Mercantile Exchange.
COMEX / MCX Copper Technical Levels || Copper Support and Resistance :-
Copper COMEX (Apr-12) :- S3- 382.4, S2- 383.9, S1- 387.7, R1- 394.3, R2- 396.5, R3- 399.0
Copper MCX (Apr-12) :- S3- 430.6, S2- 432.0,S1- 435.3,R1- 441.3, R2- 443.4, R3- 445.6
