Thursday 18 September 2014

CAPITAL STROKE UPDATE 18-September-2014 : MCX COPPER



COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-440 R1-434 S1-422 S2-416

Copper dropped on profit booking after rallying on news that China's central bank was providing fresh stimulus to jump-start its economy.

PBOC injected $82 billion into the country's largest banks to counter a slowdown amid sluggish foreign direct investment and industrial output in August.

Fed announced that interest rates are likely to stay low for a “considerable time” after it ends its bond-buying program in October.


For more details visit: http://www.capitalstroke.com/ or contact on 0731-3299704

0 comments :

Post a Comment