Monday, March 10, 2014
Sunday, March 9, 2014
Copper in mcx has broken all its supports and closed at 421.5 levels.
Prices looks further bearish and is expected to test 400 levels in the
week, any rise is an good opportunity to sell the commodity for the
said targets, if we place a fibinocci chart for the range 429 to 474,
prices have already broken all its supports and is expected to test its
161% retracement levels.
Weekly call :
Sell Copper at cmp 421.5
and add one more at 426
with stops above 431
for targets 407 , 402 and 400.