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Tuesday, February 10, 2009

update

MARKET ALERT AT 5 PM FEB10

MCX FEB COPPER CONTINUES TO HAVE

BEARISH TREND , HAS RESISTANCE AT RS. 173.95

ANDSNEXT SUPPORTS RS. 168.65 AND 167.30.

6 comments:

ashish said...

can i sell at this time.?
at 170

Amit Sethi said...

can we buy copper at cmp in expectation of +ive stimulus pkg announcement? What stand should we take in copper now?

Amit Sethi said...

what position to take in copper now???????

akshaya said...

AMIT SETHI,

WAIT FOR POSITION, AS IT HAS TO BREAK OUT OF EITHER ZONE, ALTHOUGH WE HAD RECOMMENDED A SELL AT RS. 171 WITH STOP RS. 173.20, 173.90,- FOR TARGET RS. 168.
AKSHAYA

akshaya said...

ASHISH,

SEL IN COPPER - YR STOP LOSS WLL BE 173.20.
AKSHAYA

VISHAL said...

silver is on fire, how about copper? what is the impact of belout package of us on copper?