SUNDAY



WEEKLY UPDATE




Mcx Copper last week was traded in the range between 331 – 336 levels and closed at



334 levels with no clear direction however trend for the commodity remains bullish



with strong resistance at 336 levels and strong supports at 331 levels,



buy near supports is advisable for targets 340 levels, with stops below 327 level.




Weekly Call :




Buy Mcx copper on dips between 331 – 332



with SL below 327



for target 336 and 340.



Or low risk traders can



Buy Mcx Copper only above 336




and add further on dips up to 335



with SL below 331



for target 342.



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