JUNE 13 FRIDAY


SHORT TERM TREND : BEARISH : TARGET RS 330

LONG TERM TREND : BULLISH : TARGET RS 370


PREFER SHORTS AT RS 336 TO 336.20

STOP LOSS RS 339

TARGET RS 330

Copper fell to the lowest in more than two

months as the dollar strengthened, curbing

demand from investors who buy commodities

as a hedge against inflation.


Copper futures for July delivery dropped 3.7 cents,

or 1 percent, to $3.5425 a pound at 12:28 a.m. on the

Comex division of the New York Mercantile Exchange.

Earlier, the metal touched $3.5065, the lowest

since March 20.

On the London Metal Exchange, copper for

delivery in three months fell $75, or 1 percent,

to $7,845 a metric ton. The metal reached a

record $8,880 a ton on April 17.