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Sunday, October 25, 2015

COPPER UPDATES FOR OCT 25 2015

SUNDAY




WEEKLY UPDATE



Mcx Copper prices was trading in the negative zone , last week prices opened at 344 levels went



up to 346.5 levels and dropped to 338 levels but closed above its strong resistance above 338 levels,



over all trend for the commodity remains bearish and we expect prices to correct further up to



328 levels with resistance above 346.5 levels.



Weekly Call :




Sell Mcx Copper only below 338 levels




and add further on rises up to 340




with SL above 346.5



for targets 331 and 328 levels.




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