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Sunday, March 30, 2014
MCX COPPER UPDATES FOR MARCH 30 2014
SUNDAY
WEEKLY UPDATE
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