Tuesday, August 25, 2009
CLOSING COMMENTARY FOR AUG 25 TUESDAY
Copper prices seems highly range bound with mixed
fundamental data. No clear trend seen in copper.
Prices need to close above 311 - 312 range to have
positive note till 316 - 320 levels. But prices seems
trendless and trading between 306 to 310. Strong sup
is at 306 and a close below this only weak.
No strong buying or selling seen.
Copper prices seems highly range bound with mixed
fundamental data. No clear trend seen in copper.
Prices need to close above 311 - 312 range to have
positive note till 316 - 320 levels. But prices seems
trendless and trading between 306 to 310. Strong sup
is at 306 and a close below this only weak.
No strong buying or selling seen.
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2 comments:
sir i have sold copper at 308 wat i do now?
ATTENTION MR GAURAV
Exit at best rate as copper looking to movce up for the time being.
AKSHAYA
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