MCX Crude Oil and Copper Tips For Today

MCX Crude Oil & Copper Tips

Crude Oil has some strength today. MCX crude oil is trading above Rs 4,600 despite of Rupee strengthening against Dollar. Due to strike in Norway there is crude oil production declined by 15%. However United States unemployment figures will also released today.

Crude Oil April Futures Buy - 4570, Stoploss - 4530, Target – 4675 – 4722.

Base metals is strong today. MCX all metals cluding Copper are trading nearly up 0.5%. London Metal Exchange (LME) Copper move is very slow.

Copper June Futures Buy - 420, Stoploss - 416.50, Target – 424.50.