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Sunday, March 30, 2014

MCX COPPER UPDATES FOR MARCH 30 2014

SUNDAY


WEEKLY UPDATE

Copper in mcx is highly range bound and is expected to continue its 

sideways trade for the days to come any time if prices breaks either 

side say 396 or 408 then momentum is expected till then sell on rises 

is the only option, as we discussed earlier any time close below 396

 will have a major selloff and we expect prices to test 380 to 370 levels.

Weekly call :


Wait for Fresh entries.. or 

Sell Copper only below 396

 on closing basis and add one more at 400 levels 

with stops abv 408

 for targets 385 , 380  and 376