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Sunday, June 5, 2016

COPPER UPDATES FOR JUNE 5 2016

SUNDAY


WEEKLY UPDATE



Mcx Copper last week taken supports from 308 levels and jumped above its strong



resistance at 315 but was not able to sustain at higher levels and dropped



back to 313.5 levels, strong supports for the commodity is at 311 and



resistance at 315 levels, once again buy only above 315 is advisable.




Weekly Call :




Buy Mcx Copper buy only above 315



and add further on dips up to 313.5



with SL below 309



for target 320 – 323.