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Sunday, February 12, 2017

COPPER UPDATES FOR FEB 12 2017

SUNDAY




WEEKLY UPDATE





Copper last week opened at 390.5 levels and hit a low of 388.6 and then recovered back to



hit a high of 408.7 levels on the last trading day and closed at 408.15 levels,



both in the weekly charts as well as in the daily charts copper is in the verge of



breakout and any breakout above 409- 410 levels expect further momentum at least up



to 432 levels, trend for the commodity remains extremely bullish.



Weekly Call :



Buy Mcx Copper only above 410




and add further on dips up to 407



with SL below 400



for target 424 – 430.





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