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Sunday, February 19, 2017

COPPER UPDATES FOR FEB 19 2017

SUNDAY



WEEKLY UPDATE





Mcx Copper last week hit a short term high of 417 and dropped to close at 400 levels ,



tested intra week low of 396 levels in between, trend for the commodity looks bearish



from our view and sell on rises is advisable for now, immediate resistance for the



commodity is at 405 – 407 – 410 levels supports for the commodity is at 398 – 396 – 392 levels.




Weekly Call :




Sell Mcx Copper on rises between 402 – 404



with SL above 407



for target 395 – 392.



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