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Sunday, August 30, 2015

COPPER UPDATES FOR AUG 30 2015

SUNDAY





SUNDAY





WEEKLY UPDATE




Mcx Copper prices after a long consolidation between 328 – 338 levels last week end jumped after a breakout



above 342 levels to test 346 but once again dropped back to 341 levels, trend for the commodity looks positive


and prices is expected to give positive move if gives breakout above 342.5 with strong supports


below 338 and 335 levels, we expect prices to run atleast up to 351 levels.




Weekly Call :



Buy Copper on dips between 344 to 346 ,




with stop loss below 338



for Tgt 352, cmp 348.50




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