Tuesday 24 June 2014

CAPITAL STROKE UPDATE 24-June-2014 : MCX COPPER



COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-424 R1-420 S1-410 S2-406
Copper settled up recovered from the last week’s falls following news of increased manufacturing activity in China.
Global world refined copper market showed a 83k tonnes deficit in March, compared with a 2k tonnes surplus in Feb, ICSG said

HSBC Flash China Manufacturing PMI rose to a 7-month high of 50.8 in June, beating the expected 49.70.

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