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Sunday, April 20, 2014

MCX COPPER UPDATES FOR APRIL 20 2014

SUNDAY

WEEKLY UPDATE

Copper prices trading in the range between 400 to 410 for more than

 three weeks , we strongly feel prices may give a positive breakout

 because each and every time when prices test its support levels immediate

 recovery is there and it holds at 410 levels this week we expect prices

 to give a break which  will push up the prices to 420 levels.

Weekly call :



Buy Copper only above 409

 and add one more at 407 levels

 with stops below 402.5

 for targets 417 and 420 .