Moneycontrol
Feb 15, 2017 02:49 PM IST | Source: Moneycontrol.com

Copper to trade in 392.7-420.5 range: Achiievers Equities

According to Achiievers Equities, Copper prices dropped on hopes strike talks would restart at the world's biggest copper mine in Chile.

Achiievers Equities' report on Copper

Copper trading range for the day is 392.7-420.5.  

Copper prices dropped on hopes strike talks would restart at the world's biggest copper mine in Chile.  

Striking workers at Chile's massive Escondida copper mine have accepted a government invitation to try to resume dialogue with mine operator BHP Billiton.  

The news hit a market worried that funds who have taken bullish positions might be ready to sell on any signal that the strike may be concluded.  

BUY COPPER FEB 2017 @ 403.00 SL 399.00 TGT 407.50-411.00.MCX. 

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