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Sunday, October 4, 2015

COPPER UPDATES FOR OCT 4 2015

SUNDAY



WEEKLY UPDATE



Mcx Copper last week jumped from 330 levels to 348 levels but could not able to sustain



at higher levels and once again dropped back to 338 levels , trend for the commodity



remains bearish with strong resistance at 345 and 348 levels and supports at 330



levels, over all sell on rises is advisable.



Weekly Call :



Sell Mcx Copper or Copper mini on rises between 340 – 342


with stops above 347.7



for targets 335 ,332 and 330.


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