Copper- Crude Updates for Today: Indian Commodity Market New

 Extending yesterday's gains. Crude oil has climbed up more than 1% today. MCX crude oil is trading up near 4750 level and prices are expected to go further up in near future.

With a gain of 1.60%, Copper is trading above 412.50 level which was the crucial resistance level for its June contract. Breaching this level is indicating that copper can further go up to 416-422 level so traders can buy this base metal for these targets keeping strict stop-loss on downside. 409 is the nearest support level for copper commodity.


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