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Sunday, November 29, 2015

COPPER UPDATES FOR NOV 29 2015


SUNDAY




Mcx Copper prices have bounced last week from 294 levels to hit high of 310.5 levels




but was not able to hold at higher levels and dropped back to close at 303 levels on




week end, over all scenario for the commodity remains bearish and we expect correction





once again back to 294 levels, sell at current levels and on rises is advisable




with stops above 311 for the said targets.




Weekly Call :





Sell Copper between 303 – 305




with SL above 311




for target 294.





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