Sunday 21 September 2014

CAPITAL STROKE UPDATE 22-September-2014 : MCX COPPER



COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-432 R1-426 S1-414 S2-408

Copper settled flat as concerns simmered over the timing of a possible U.S. rate hike, while signs of slowing growth in China also dragged.

Investors are looking to last week's initial estimate of China's manufacturing sector health in September for clues on growth.

The Organization for Economic Cooperation and Development this week trimmed its growth forecasts for the biggest developed economies.


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