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Sunday, May 29, 2016

COPPER UPDATES FOR MAY 29 2016

SUNDAY


WEEKLY UPDATE




Mcx Copper last week jumped from 306.5 levels to 317 and closed at 314.5 levels,



strong resistance for the commodity is at 315 – 318 levels, supports for the\

\

commodity is at 311 – 308 levels, trend for the commodity now remains




bullish above 315 levels, Buy above 315 is advisable.



Weekly Call :




Buy Copper Only above 315



with SL below 311



for targets 320 – 322.



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