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Sunday, July 5, 2015
COPPER UPDATES FOR JULY 5 2015
SUNDAY
WEEKLY UPDATE
Mcx Copper prices were trading in negative range for more than a month and slowly recovered from 360 levels to close at
370 levels though selling at higher levels was witnessed last week and prices was not in position to gain momentum ,
sell on rises is the advisable strategy , immediate supports for the commodity is now
at 368,364 and 360 resistance at 374 levels.
Weekly Call :
Sell Copper OR Copper mini on rises between 371 - 374
with stops above 378
for targets 364 and 360,
any close below 360 add further shorts with stops at 368 for targets 354 and 350.
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WEEKLY UPDATE
Mcx Copper prices were trading in negative range for more than a month and slowly recovered from 360 levels to close at
370 levels though selling at higher levels was witnessed last week and prices was not in position to gain momentum ,
sell on rises is the advisable strategy , immediate supports for the commodity is now
at 368,364 and 360 resistance at 374 levels.
Weekly Call :
Sell Copper OR Copper mini on rises between 371 - 374
with stops above 378
for targets 364 and 360,
any close below 360 add further shorts with stops at 368 for targets 354 and 350.
We are now on WHATS APP
You can ask in your technical queries
This is a FREE ONLINE SUPPORT SYSTEM .
You can CHAT WITH US AT
9840948540