Market Update

Market Watch

Saturday, 22 December 2012

Live Mcx Market Watch



ALUMINIUM:
Trend updated for-Dec/22/2012.CMP-113 The Aluminium is in long- medium- term bull phase .Currently Aluminium is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Aluminium. The oscillator is showing SELL signal For short term Aluminium is in SELL position.Positionally Support for the Aluminium is 109-108-.Resistance for the Aluminium is 113-114-

COPPER:
Trend updated for-Dec/22/2012.CMP-439 The Copper is in long- medium- term bull phase .Currently Copper is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Copper Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Support for the Copper is 433-431-429-.Resistance for the Copper is 443-445-446-

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1 comment:

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