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Sunday, September 11, 2016

COPPER UPDATES FOR SEPT 11 2016

SUNDAY



WEEKLY UPDATE


Copper last week opened at 310 levels and was trading in the range



between 310 to 314 levels base metals remains sideways for the



 whole week, we expect copper prices may give a positive break



 only above 317.5 levels, as far as technical is concerned down side 



for the commodity is arrested between 309 – 310 levels, so buyers



 can buy the position only above stipulated levels.




Weekly Call :




Buy Mcx Copper only above 317.5



 and add further on dips up to 315.5 



with SL below 310 



for targets 324 – 326 levels.

                                

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