Copper.......
The potential for Copper gaining ground is getting limited while the
trading band is increasing significantly. Last night, the differential
between the highs and lows was Rs 10, which is quite high and indicates
the level of volatility this market has been facing. Caution is
therefore advised in Copper moves. The prices are expected to get weak
near Rs 419 per kg, which is the initial support zone for Copper. The
selling can take it close to Rs 414 per kg.
SELL COPPER AT 418.5 TARGET 414 SL 420
Source by Commodity Insights
The potential for Copper gaining ground is getting limited while the
trading band is increasing significantly. Last night, the differential
between the highs and lows was Rs 10, which is quite high and indicates
the level of volatility this market has been facing. Caution is
therefore advised in Copper moves. The prices are expected to get weak
near Rs 419 per kg, which is the initial support zone for Copper. The
selling can take it close to Rs 414 per kg. SELL COPPER AT 418.5 TARGET 414 SL 420
Source by Commodity Insights
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