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Monday, March 22, 2010

MCX COPPER ALERT: COPPER 30APR2010 EXPIRY SHORT TERM TRADING STRATERGY(1-4WEEKS)

COPPER IS TRADING IN THE RANGE 336.6.RESISTENCE IS BETWEEN 342-347.6..ABVE 347.6 BUY IT FOR TGT 364.7/369.9...IF CRACKS BELOW 342 SELL IT FOR TARGET 325.3/319.90
                                  CMP-336.65
.ADVICE : wait for the copper  prices to reach 342 & start selling fr target 320..Keep a stop loss @ 348 if breaks & moves above that then reverse your trade for target  364.7/369.9

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