Moneycontrol
Oct 18, 2016 03:12 PM IST | Source: Moneycontrol.com

Copper to trade in 3263-3409 range: Achiievers Equities

According to Achiievers Equities,Copper settled flat after remarks by Fed chair suggested the U.S. central bank may stick with loose monetary policy for longer.

Achiievers Equities report on Copper

Copper

Copper trading range for the day is 3263-3409.  

Copper settled flat after remarks by Fed chair suggested the U.S. central bank may stick  with loose monetary policy for longer.  

China's third GDP growth this week should cast a fresh light on the state of its metals  demand after a mixed month of data in September.  

Hedge funds and money managers raised their net long positions in COMEX copper  contracts in the week to Oct. 11, U.S. CFTC data showed.  

SELL COPPER NOV @ 316 SL 319 TGT 313.50-310.50.MCX.  

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