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Wednesday, September 23, 2009

CLOSING COMMENTARY FOR SEPT 23 WEDNESDAY

Copper prices trading zig zag with negative bias.

Selling coming at every rise holding prices at lower

levels. Prices open high and came down sharply till

its strng sup of 294. Prices seems weak below 294 on

closing basis and could test 290 lvels. Any ways 294

- 295 levels could be watched as buying could come

around those levels...Again we may have bullish trend

towards 305 - 310 if sustains above 294.

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