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Wednesday, February 18, 2009

UPDATE

MARKET ALERT AT 12.30 PM

TRADERS HOLDING SHORTS IN COPPER,

KINDLY EXIT AT COST AND WAIT FOR

FRESH POSITIONS.

6 comments:

chiranjeevi said...

dear sir
copper is not break 156.00 levels what is current situation can it go down or up..

Sharadsa said...

Can you suggest a long term strategy for copper at this position now?
Suggestions for any other metal?

akshaya said...

CHIRANJEEVI,

WAIT FOR FRESH POSITION AFTER LME INVENTORY AT 2.30
AKSHAYA

akshaya said...

SHARAD SA,

OVER ALL AS OF NOW METALS IN BEARISH MMOD. COPPER CRITICAL SUPPORTS ARE 153 AND 148, BELOW WHICH CAN TEST LIFE LOWS.

AKSHAYA

Unknown said...

I had earlier shot Kopper at 156 and the cmp is 156.50, So can you advise if i can hold it and expect it to come down? Thanks sir.

Amit Sethi said...

i am holding copper bought @ 162 level for medium term. Will copper bounce back in coming 1-2 months. Whats the medium term outlook for copper?