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Morning Briefing Copper (3.1375) is trading above 3.1250. On the weekly candles, resistance near 3.20 seems to be holding well and while that holds, a fall towards 3.10-3.05 looks more likely in the medium term. There is some scope that the price moves up towards 3.17-3.20 but thereafter the direction is on the downside.
Date Open High Low LTP
25-Apr-18 3.131 3.1675 3.078 3.141
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3 Comments


Vijay Modi
AUG 31, 2016 AT 6:24 AM

Hope you are correct because it should definitely help price of copper company stocks. Look forward to it.

Vikram Murarka
AUG 31, 2016 AT 10:05 AM

Inshallah. This view is within our preference for the bullish side on Commodities in general; which again is within our overall preference for global growth and global equities.

Vikram Murarka
SEP 16, 2016 AT 10:18 AM

16Sep16, Copper 2.1635... Rising as per expectation.