Wednesday 25 June 2014

CAPITAL STROKE UPDATE 26-June-2014 : MCX COPPER



COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-430 R1-426 S1-414 S2-408
Copper seen supported as the market brushed aside weak US economic growth data and refocused on falling global inventories.
Global inventories at warehouses tracked by the three main exchanges have declined 51 percent this year.
Prices are set to extend gains along with stimulus programs introduced by Chinese local governments and a fall in the US dollar index

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