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Achiievers Equities: Sell Copper Aug at 383.50 placing stop-loss above 390 -
Achiievers Equities: Sell Copper Aug at 383.50 placing stop-loss above 390
Achiievers Equities | Published: 06 Jul, 2017  | Source :

  • Copper trading range for the day is 382-389.4.
  • Copper dropped on profit booking tracking weakness in LME prices despite of fall in on-warrant stockpiles available to the market at LME warehouses to 176,125 tons.
  • China's central bank said that it would continue to implement a prudent and neutral monetary policy, and keep liquidity in the country's financial system basically stable.
  • Chile's Antofagasta was facing potential strikes at two mines with combined annual production of 160,000 tons.
  • Warehouse stock for Copper at LME was at 315925mt that is up by 40325mt.


  • SELL COPPER AUG @ 383.50 SL ABV 390 TGT 375.80-371.50


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