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Sunday, July 31, 2016

COPPER UPDATES FOR JULY 31 2016

SUNDAY



WEEKLY UPDATE





Copper last week was dropped from 338 – 325 levels and recovered back to 330 levels



on weekend closing, trend remains positive and we expect prices to give a positive



rally back to 338 – 342 levels , immediate supports for the commodity is at 325



and resistance at 330 – 332 – 335 -338.



Weekly Call :




Buy Mcx Copper only above 330



and add further on dips up to 328



with sl below 324



for targets 336 – 340 – 342.



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