Buy MCX Copper April in the range of 401-402 for the target of 423 with a stop loss below 390. CMP 404
Reason: After heavy hammering of Copper prices have now gone into a consolidation mode. But prices have Reversed from Descending Channel support, forming Bullish Hammer pattern in Daily chart. Oscillators too have recovered and volumes are gradually increasing.
Copper prices may get into buying frenzy above 408 and sustaining above this may push prices higher till 423 till end of this contract.
WHAT EVER YOU EARN FROM MY CALLS PLEASE GIVE 10% PROFIT'S FOOD TO COWS AND DOGS HELP THM GOD WILL HELP YOU-!!!
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