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Monday, February 9, 2009

UPDATE

MARKETS ARE AWITING THE PASSAGE AND DETAILS

OF THE STIMULUS PACKAGE OF THE OBAMA ADMN

IN US EXPECTED TO BE APPROVED BY US CONGRESS

BY TOMORROW , AND TAKE A DIRECTION CALL OF

THE MARKET.

9 comments:

robin said...

if the packagr is approved by the congress,then wat will b impact it will have on copper short nd long term.

Sunny said...

So your advice would be not to take any fresh positions for today? If no, then what is advised? Also, if Obama Admin approves the package, what would be the impact on Copper prices in near future?Thanks

akshaya said...

ATTENTION MR ROBIN
If proposed stimulus package is approved equity markets will rally along with base metal complex in the short terw. On the other hand bullions should come down from their highs.
AKSHAYA

akshaya said...

ATTENTION MR SMART
Do not take fresh positon at this point of time.
We will advise you as and when there ia an oppurtunity in our site.
If the stimulus package is approved base metals will rally and bullions will come down.
AKSHAYA.

Aakash Goyal said...

i am buy copper at 175
what can i do ?

Aakash Goyal said...

kya main 173 par ek aur buy kar lu

akshaya said...

ATTENTION MR KRISHNA
Hold long and have a stop loss of Rs 172.45.
Do not take fresh positions till New york opens.
AKSHAYA

akshaya said...

KRISHNA,

COPPER YOU MAY HOLD YR LONG POSITION WIT STOP LOSS AT RS. 171.50, FOR TARGET RS. 178.
AKSHAYA

akshaya said...

SMART,
YOU MAY LONG COPPER WITH STOP AT RS. 171.50 FOR TARGET RS.178, CMP RS. 173.60
AKSHAYA