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Sunday, November 9, 2014

COPPER UPDATES FOR NOV 9 2014

SUNDAY

WEEKLY UPDATE

Copper in mcx last week dropped from 417 levels to 403 and then bounced back

to close at 414.5 levels, technical picture shows formation of double

bottom for the commodity which means some sort of bullishness is expected

in the commodity atleast up to 421 levels, hope the week ahead first half

may witness bull trend and second half selling is expected.

Weekly Call :

Buy Copper on dips between 410 – 412

with stops below 403

for target 421.

only for high risk player)