MCX Crude Copper both are trading in a downtrend in the market but it is expected that crude will soon gain the price levels and the copper is also in a downtrend. Gold tumbled to an 8-week low, on speculation that the Federal Reserve will refrain from offering additional stimulus as the economy recovers. The trend for copper is sideways and as the trend is sideways it is advised to sell. MCX Crude is also advised to sell.
Crude Copper Tips for today15 March:
MCX Copper (Apr) Sell below 427.5 with target of 423.5 / 419 and stop loss of 430.5.