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Sunday, April 23, 2017

COPPER UPDATES FOR APRIL 23 2017

SUNDAY


WEEKLY UPDATE



                                                Mcx Copper was continuously 



trading in southwards direction and last week it consolidated 



at 360 levels, trend for the commodity still looks bearish and



 we expect prices to test 344 levels if it gives a breakdown below



 360 so sell below supports is advisable for now,



 immediate supports for the commodity is at 360 and 



resistance is at 365 levels.



Weekly Call :



                Sell MCX Copper only below 359.5



 and add further on rises up to 362


with SL above 366



 for targets 350 – 344. 




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