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Sunday, May 24, 2015

COPPER UPDATES FOR MAY 24 2015

SUNDAY




WEEKLY UPDATE




Mcx Copper last week dropped from 418 levels to 396 levels straight fall from its peak,



trend remains bearish and we expect correction to take place up to 390 levels resistance



for the commodity is at 404 levels sell on rises between 398 – 400



with stops above 404 levels is advisable.




Weekly Call :




Sell Copper or Copper mini between 398 – 400




with stops above 404




for target 390//




break below 390 add further shorts with stops at cost for target 385.




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