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Sunday, September 1, 2013

MCX COPPER UPDATES FOR SEPT 1 2013

SUNDAY


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MARKET UPDATE

Copper last week tested a new high in indian market by testing 512,

and then dropped back to hit a low of 472 and managed to close at

 486 levels, strong supports for the commodity remains at 473 levels , 

for the week ahead one can buy copper at bit lower levels or at 480 levels 

and add further on dip up to 474 with stops below 468 for targets 498 and 502 levels..

Weekly call


Buy copper only on dips at 480 and add further on dips up to 474

 with stops below 468

 for tgt 498 and 502 levels..