JUNE 21 SATURDAY

SHORT TERM TREND : BULLISH : TARGET RS 365

LONG TERM TREND : NULLISH : TARGET RS 370

S1 RS 358, S2 RS 355 , S3 RS 352.60

R1 RS 363.60, R2 RS 368, R3 RS 372

PREFER LONGS AT RS 355.50 TO 355.20

STOP LOSS RS 352

TARGET RS 365

Copper Rises to Biggest Weekly Gain Since March as Dollar Falls .

Copper rose to a one-month high, heading for the

biggest weekly gain since March, as a weakening

dollar boosted demand for the metal as an

alternative investment.

Copper futures for September delivery gained

2.55 cents, or 0.7 percent, to $3.8035 a pound at

9:29 a.m. on the Comex division of the New York

Mercantile Exchange. A close at that price would

mark a 5.9 percent gain for the week, the most for

a most-active contract since the five days ended

March 28. Earlier, copper touched $3.84, the

highest for a most-active contract since May 19.

On the London Metal Exchange, copper for delivery

in three months gained $58, or 0.7 percent, to $8,388

a metric ton ($3.80 a pound). The metal has gained

25 percent this year before today and reached a

record $8,880 on April 17.