copper weekly technical analysis for 7 to 11 sep 2015

mcx copper weekly tips for 7 to 11 sep 2015

mcx copper nov future this week closed with loss at 347
total 16 rupee or almost 4% volatility seen this week
on weekly chart price down is up for copper future
but momentum is building on recovery side on value buying at bottom
for next week mcx copper future support zones are 341 and 333
on upside 358and 365 are strong resistances
above 341 for short to medium term outlook will remain bullish
for targets 358 and then 365+

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Pramod Baviskar

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