Moneycontrol
Feb 17, 2017 02:23 PM IST | Source: Moneycontrol.com

Copper to trade in 393.2-412 range: Achiievers Equities

According to Achiievers Equities,Copper prices dropped but recovered from 398.10 level as prices were supported on the prospect of lengthy supply disruptions.

Copper to trade in 393.2-412 range: Achiievers Equities

Achiievers Equities' report on Copper


Copper trading range for the day is 393.2-412.
 

Copper prices dropped but recovered from 398.10 level as prices were supported on the prospect of lengthy supply disruptions.
 

The focus continued to be Chile's Escondida mine, where a strike over pay has reportedly been postponed while union o fficials hold mediated talks.  


Renewed talks in Chile to end a week-long strike at Escondida have likely been delayed until at least Saturday SELL COPPER FEB 2017 @ 404.00 SL 407.20 TGT 401.20-398.20.MCX.


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