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Sunday, April 12, 2015

COPPER UPDATES FOR APRIL 12 2015

SUNDAY




WEEKLY UPDATE




Mcx Copper prices were trading highly in the range between 375 – 390 levels, trend for the



commodity is range bound and either break will confirm next rally till then we expect prices



to trade in the above said range, however one can sell the commodity below 374.5 with resistance



above 383 levels for targets 365 levels, similarly buying may emerge in if prices give a breakout



above 383 levels, but over all activity for the commodity is expected to trade in the range.



Weekly Call :



Wait for fresh entries or High Risk players can



Sell Copper or copper mini only below 374.5 levels



and add further on rises up to 378




with stops above 383



for targets 368 and 365.