Moneycontrol
Jan 13, 2017 03:07 PM IST | Source: Moneycontrol.com

Copper to trade in 388.1-409.5 range: Achiievers Equities

According to Achiievers Equities, Copper rallied to settle above 400 level market hit its highest since December 12 also helped by supply concerns.

Achiievers Equities' report on Copper

Copper trading range for the day is 388.1-409.5.  

Copper rallied to settle above 400 level market hit its highest since December 12 also helped by supply concerns.  

Copper remains up this year after Chinese and global economic data fuelled expectations  for firm demand in 2017.  

Copper stocks fell a net 2,525 tonnes at 285,700 tonnes, while cancelled warrants were  down 4,800 tonnes at 80,200 tonnes.  

SELL COPPER FEB BELOW 398 SL 402 TGT 394.50-390.80.MCX. 

For all commodities report, click here

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