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Tuesday, February 17, 2009

UPDATE

MARKET ALERT AT 7.PM FEB 17

MCX FEB COPPER CMP RS. 160.50 IS LIKELY

TO GO DOWN AND TEST 158, 156 LEVELS, REISTANCE

NOW SEEN AT RS. 163.

7 comments:

Unknown said...

Is is safe to sell at 160 for a TP of 158 around? Thanks sir.

akshaya said...

SUNIL,

THE RESISTANCE NOW IS AT 163, AND 159 IS STRONG SUPPORT, ALTHOUGH SOME BROKERS HAVE GIVEN SELL FOR TARGET 158, 156.
AKSHAYA

akshaya said...

SUNIL,

THE RESISTANCE NOW IS AT 163, AND 159 IS STRONG SUPPORT, ALTHOUGH SOME BROKERS HAVE GIVEN SELL FOR TARGET 158, 156.
AKSHAYA

rajesh said...

can i buy copper in thes level or sell in thes level cmp 160.20

akshaya said...

ATTENTION MR RAJESH
At current levels resistance is now seen at Rs 163 and supports at Rs 159 and then at Rs 158.
Better to remain on the sell side unless we update any fresh call other wise.
AKSHAYA

chiranjeevi said...

dear sir
if the copper breaks 158 ranges can i expect it go 154 levels and if it breaks 158, at what level can i expect maximum it will go down.

akshaya said...

chiranjeevi,

if copper breaks 159 and holdfs with volumes, will test 155.
akshaya