MTECHTIPS;- Copper to trade in 379.8-404.4 range: Achievers Equities

MTECHTIPS;- Copper to trade in 379.8-404.4 range: Achievers Equities

MTECHTIPS- Copper trading range for the day is 379.8-404.4. Copper prices rallied after concerns surrounding mine supply as the threat of strikes at Chile’s Escondida. Peru copper output will likely rise about 20 pct in 2017 –govt Uncertainty ahead of Trump’s comments, however, dampened demand for the dollar. SELL COPPER FEB @ 398 SL 402 TGT 393.80-388. MCX.

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