Tuesday, 23 July 2013

copper shows volatile movement || commodity updates for 23 july

Base metal seeing in positive side at noon seesion of Tuesday ,copper for august delivery shows volatile movement ,its future value also trade on bullish side while precious metal silver shows down position for whole day silver was in red shade..

Copper prices in the global market edged up on Tuesday amid speculation that China, world's second largest economy is planing to boost its economic growth.

Copper  August delivery has rise 1.10 RS to 419.75 / kg. to its last close, at evening session it trade at 420.85  at 3:20 pm on Tuesday.

Buy copper to its current level is 420.95 TGT 421.15, 421.30, 421.45 SL 420.75

Buy zinc above 110.25 TGT 110.45,110.65, 110.85 SL 110

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