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Sunday, August 25, 2013

MCX COPPER UPDATES FOR AUG 25 2013

SUNDAY  AUG 25

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MARKET ALERT

Copper last week tested a high of 484 and came down to 

close at 474 on week end long term fundamentals for

 base metals looks bullish however for the first session of

 the week prices may give some sort of correction up to 468 levels, 

dips can be used as an opp to buy the commodity and any break

 below 468 will give short term correction up to 464 and 461 levels.

Weekly Call


Buy Copper only  near 468 and

 add further  on dips up to 464 levels 

with stops below 458 

for targets 478, 482 and 484..