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Monday, October 19, 2009

CLOSING COMMENTARY FOR OCT 19 MONDAY

Copper prices zoomed after a long time trading

nearly 4% in MCX. Prices with open low broken all

the key res levels of 292 - 293 then 295 - 298 levels.

Prices looks turning back again if closes above the

strong level of 298. Prices now could target 304

levels shortly. Ovearll now breaking all res levels

and shooting up.

Strong sup seen at 298 levels

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