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Monday, February 2, 2009

UPDATES

MARKET ALERT AT 8.30 PM

MCX FEB COPPER CMP RS. 156.9

EXIT SHORTS AND WAIT FOR FRESH CALL.

2 comments:

raj said...

should i enter long position in copper @ current level target of 161

akshaya said...

RAJ,
Intra day expected to be range bound between Rs 155 and Rs 159 and momentum will increase only above Rs 160.
On a positional call basis there is very strong support at Rs 153.60 and it is advisable to go long at lower levels or a absoulute break out above Rs 174 for targets upto Rs 190 to Rs 200.
AKSHAYA.