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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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