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Sunday, July 12, 2015

COPPER UPDATES FOR JULY 12 2015

SUNDAY



WEEKLY UPDATE



Mcx copper prices last week dropped from 375 levels to 338 levels and has given a sharp recovery from the bottom


to 365 levels and finally closed at 358 levels, strong supports for the commodity is now at 355 and 347 levels



resistance at 361 and 365 levels, sell on rises is the best bet.


Weekly Call :



Sell Copper or Copper mini on rises between 365 – 368



with stops above 375



for targets 352, 345 and 340.(positional)



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