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Monday, February 23, 2009

MARKET ALERT ON FEB 23 MONDAY 10.30 PM IST

MCX Feb Copper is expected to test Rs 156.50,

resistance seen at rs.162.20, cmp rs. 160.

9 comments:

Unknown said...

we hv long position in copper @Rs.164.05 (April).

Should i hold or exit with profit booking??

akshaya said...

ATTENTION MR ROHT
Likely to test lower levels of Rs 157 levels.
Resistance is seen at Rs 162.25.
AKSHAYA

raj said...

sir
what will be the level of cooper will closeing of this month

raj said...

i think it will tuch @ 172

Anonymous said...

do you expect any short covering in copper before contract ends?

Anurag said...

I Also Thing Price Will Be
around 172 At The End Of Contract
27 Feb

Anonymous said...

but what does akshay say?!!!!!!!

akshaya said...

SIRS,

LAST WEEKING WHEN COPPER CUT BELOW 160 LEVELS, TECHNICALLY THE CHARTS SUGGESTED A BREAKDOWN TO 157 LEVELS, HOWEVER FUNDAMENTALLY THERE SEEMS A SMALL DRAWDOWN IN INVENTORY AND SEPPTLEMENT OF CURRENT CONTRACT THIS WEEK IS HOLDING PRICES.
WAIT FOR THIS MARNING REPORT.
AKSHAYA

akshaya said...

sirs,

have given sell copper call in our blog.
akshaya