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Monday, January 27, 2014

MCX COPPER UPDATES FOR JAN 27 2014

MONDAY

Copper prices  was not able to move above 461 and dropped back to 454 levels 

  and closed at 455 levels, overall trend for the commodity remains sideways

 to down side we strongly feel that prices may bounce only above 462.5 levels

 till then sell on rises is the best bet.

Weekly call :

Copper sell at cmp 455 

and add further on rises up to 458

 with stops above 462.5\

 for targets  446 and 441.

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