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Sunday, February 1, 2015
COPPER UPDATES FOR FEB 1 2015
SUNDAY
WEEKLY UPDATE
Mcx Copper prices last week dropped to test its very strong support levels of
say 332 levels and prices retraced immediately to close at 342 levels,
now trend looks mild bullish and is expected to bounce up to 346 to 350 levels,
over all trend for the commodity still remains bearish and sell on rises
is the best bet for the days to come.
Weekly Call :
Sell Copper between 349 – 353
with stops above 360
for targets 338 and 333.
WEEKLY UPDATE
Mcx Copper prices last week dropped to test its very strong support levels of
say 332 levels and prices retraced immediately to close at 342 levels,
now trend looks mild bullish and is expected to bounce up to 346 to 350 levels,
over all trend for the commodity still remains bearish and sell on rises
is the best bet for the days to come.
Weekly Call :
Sell Copper between 349 – 353
with stops above 360
for targets 338 and 333.