Wednesday 28 May 2014

CAPITAL STROKE COMMODITY UPDATE 28 MAY 2014 :: MCX COPPER

COPPER: CONSOLIDATE STRATEGY BUY ON DIPR2-426 R1-422 S1-410 S2-406.Copper settled above 415 level as support continuous to be seen after stronger US economic data and hopes of stimulus from Chinese government.China’s Refined Copper Output Grows by 15,000 Tonnes in Apr. 2014Investors should keep close watch on economic reports from euro zone member countries, which could provide clues about the ECB’S fresh interest rate meet. 

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