Monday, 15 September 2014

CAPITAL STROKE UPDATE 15-September-2014 : MCX COPPER




COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-432 R1-428 S1-418 S2-412
Copper settled up as a pickup in factory output in Europe and Japan eased concerns that global demand will slow.

Euro-area industrial production rose more than forecast in July, increasing chances for the region to return to growth this quarter.

The metal dropped on weekly basis on speculation that a decline in consumer inflation signaled lower demand in China.


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