SUNDAY

WEEKLY UPDATE

Copper in mcx was highly trading in the range between 415 to 421 and to

some extent prices even have dropped up to 403 levels, over all for last

two weeks prices were trading range bound and no major momentum was seen

in the market. Even for the week ahead we expect such kind of volatile

session and we can see momentum in market if prices drops either below

412 or above 422.

Weekly call :


Sell Copper only below 412

and add one more at 415

with stops above 422

for target 403.