MONDAY




WEEKLY UPDATE



Mcx Copper last week jumped from 305 levels to 315 levels but was not able



to sustain at higher levels and dropped back to 305 levels, immediate



resistance for the commodity is at 310- 312 - 315 levels supports at 300 – 295 – 292 levels,



trend for the commodity remains bearish and we maintain our bearish view.




Weekly Call :




Sell Mcx Copper on rises between 308 – 310



with SL above 315



for targets 300 -295 – 292.



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