MONDAY


WEEKLY UPDATE




• Mcx copper prices has given a move last week and prices tested a high of almost 417 levels



from the week bottom of say 485 levels, comparing with the other base metals like zinc and


copper has just started its move and we expect prices to maintain its bullish run till 451 levels,



with some midterm resistance like 425, 432 , 440 , over all trend for the commodity remains bullish



and buy at current levels and on dips is advisable.




• Weekly Call :



• Buy Copper or copper mini at cmp 416.5 and add further on dips up to 412 levels




with stops below 406 for targets 426 and 430.



(on short term basis we expect prices to test 451 levels.)