CLOSING COMMENTARY FOR JULY 28 TUESDAY 9.30 PM IST

Copper prices came down after selling pressure at

272 - 273 levels. Distribution taken place around

those prices. Trend looks positive and can expect

a bounce back from 265 levels as strong supports

are seen around 265 - 264 levels. Wait and buy at

low level is advised. RSI slightly above over

bought and this may be a correction.