Tuesday 26 August 2014

CAPITAL STROKE UPDATE 26-August-2014 : MCX COPPER



COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-440 R1-436 S1-424 S2-418

Copper seen supported as growing optimism over the health of the U.S. economy supported demand for the industrial metal.

Investors remain hopeful that China will announce some form of stimulus measures in the coming months to buttress the country's economy.

The U.S. Commerce Department reported earlier that U.S. new home sales dropped by 2.4% to 412,000 units last month

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