Moneycontrol
Nov 29, 2016 03:02 PM IST | Source: Moneycontrol.com

Copper to trade in 389.7-420.3 range: Achiievers Equities

According to Achiievers Equities, Copper dropped on profit booking after gaining earlier as demand growth stabilized in China.



Achiievers Equities report on Copper

Copper
 
Copper trading range for the day is 389.7-420.3.


Copper dropped on profit booking after gaining earlier as demand growth stabilized in China.


Available copper stocks in major exchange inventories have fallen, but not to crisis levels.


Peru expects copper’s improving outlook to spur interest in developing new projects and reverse an investment slump.

SELL COPPER NOV @ 405 SL 409.80 TGT 401.40-397.20. MCX

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