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Sunday, January 10, 2016
COPPER UPDATES FOR JAN 10 2016
SUNDAY
WEEKLY UPDATE
Mcx Copper prices last week dropped from 315 levels to test a low of 299 and
closed at 301 levels, over all trend for the commodity remains very bearish
and we expect prices to give further correction immediately up to 293 levels
and any close below 293 may have further correction up to 270 levels, over
all base metals market looks very sluggish due to uncertainty in china ,
sell on rises is advisable for now.
Weekly Call :
Sell Copper on rises between 303-305
with SL above 311 for target 293
and any close below 293
add further shorts
with stops at cost
for target 283,275 and 270.
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For which we charge a Fee
2. We can open a trading account in your name and we trade on your behalf
As we are closely monitoring the market we feel we will be able to
trade more profitably than you .
The profits will be shared 80 : 20
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