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Sunday, January 29, 2017

COPPER UPDATES FOR JAN 29 2017


SUNDAY




WEEKLY UPDATE




Mcx Copper last week opened at 397 levels and moved slowly to test 410 levels but



could not able to sustain at higher levels and dropped back to hit 400 levels and




closed at 404, very strong resistance is at 410 levels, and supports at 400 – 397 – 395 levels,



breakout above 410 only will give further rally till then sideways trades is expected.




Weekly Call :




Sell Copper between 404 – 406




with SL above 410.5



for targets 397 – 395.(high risk)


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