Dec 02, 2016 11:57 AM IST IST | Source: Moneycontrol.com

Copper to trade in range of 392.3-408.1 : Achiievers Equities

According to Achiievers Equities, Copper settled flat as speculative positions started to unwind on doubts about the sustainability of a post U.S. election rally.

Achiievers Equities' report on Copper

Copper trading range for the day is 392.3-408.1.

Copper settled flat as speculative positions started to unwind on doubts about the sustainability of a post U.S. election rally.

Data showed China's factory activity expanded modestly in November, while inflationary pressures showed signs of building.

Chilean government reported the country’s copper output dropped 11.1% year-on-year to 445,117 tonnes in October.

SELL COPPER FEB BELOW 398 SL ABV 402.20 TGT 395.40-392.20. MCX.

For all commodities report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Sections
Follow us on
Available On