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Sunday, August 9, 2015

COPPER UPDATES FOR AUG 9 2015

SUNDAY




WEEKLY UPDATE





Mcx Copper prices was trading in negative zone for more than two months and prices have broken its strong supports at 338 levels



and dropped to 329 levels, now sell on rises is the advisable strategy resistance for the commodity is now at



338 levels and supports for the commodity is at 315 and 305 levels over all we expect prices to test


287 levels on positional basis.



Weekly Call :




Sell Copper Or Copper mini on rises between 332 – 335



with SL above 340



for targets 315 and 305 levels.





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