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Thursday, February 12, 2009

UPDATES

TECHNICALS FOR FEB 12

\MCX FEB COPPER

SHORT TERM : SIDEWAYS

LONG TERM : BEARISH

SUPPORTS ; 164,162,159

RESISTANCES ; 168.60, 171, 173.60

WAIT FOR CONFIRMATION

7 comments:

Unknown said...

What would be the right price to sell? Thanks

akshaya said...

SUNIL,

TREND FOR DAY NOT YET EMERGING, WAIT FOR DIRECTION.
AKSHAYA

Vastu Energy said...

Should i go short at 166.40? what should be the stop loss.Please suggest.

akshaya said...

vastuenergy,

wait for call sir.
akshaya

akshaya said...

VASTU ENERGY,

HV GIVEN BUY CALL IN OUR BLOG, TARGET RS. 171, STOP LOSS 164.5
AKSHAYA

akshaya said...

VASTU ENERGY,

PLEASE EXIT LONG POSITIONS IF ANY AND WAIT FOR FRESH CALL IN COPPER.
AKSHAYA

akshaya said...

VASTU ENERGY,

PLEASE VISSIT OUR COPPER BLOG FOR CURRENT SUPPORT AND RESISTANCES FOR COPPER AT THIS TIME.
AKSHAYA