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Monday, February 2, 2009

UPDATE

MARKET ALERT

LME INVENTORY DOWN 325 M.TONS.

EXPECT SOME PULL BACK.

4 comments:

Amit Sethi said...

will copper cross 160 again today? what should be the strategy now?

akshaya said...

ATTENTION MR AMIT SETHI
For MCX Feb copper immediete crucial resistance is Rs 156.50
and then Rs 158.60.
If it breaks these levels further upside can be expected.
AKSHAYA

Amit Sethi said...

If we buy here , what would be immediate support??

akshaya said...

ATTENTION MR AMIT SETHI

The immediete support for copper is seen at Rs 155.30 and then 151.30.
The immediete resistance is seen at 156.80 and 157.30 and 158.60.

medium term strategy if you want to go long is with stop loss of rs.148.
akshaya