SUNDAY




WEEKLY UPDATE




Mcx copper was trading in negative range for last three weeks and prices was closed well



below its strong support levels 370 , exact close prices for last week was 360.65 levels ,



immediate supports for the commodity is now at 355 levels below that a sharp correction



up to 338 is expected , sell on rises is the advisable strategy .



Weekly call :



Sell Copper or Copper mini on rises between 365 – 368



with stops above 375



for target 355//



any close below 355 add further shorts with stops at cost for targets 345 and 338.



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