SUNDAY



WEEKLY UPDATE



Mcx Copper last week dropped from 319 levels to test a low of 306 levels and closed



at 308.4 levels, trend for the commodity remains bearish and we expect correction



from bit higher levels, 305 remains very strong support levels and resistance for




the commodity is now at 312 and 315 levels, Sell on rises would be the best



strategy but first half we expect a small recovery.




Weekly Call :




Buy Copper between 306 – 308



with SL below 302



for targets 313 – 315.(High Risk).



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