MTECHTIPS:-Copper to trade in 387.3-402.3 range: Achievers Equities

MTECHTIPS:-Copper to trade in 387.3-402.3 range: Achievers Equities

MTECHTIPS- Copper trading range for the day is 387.3-402.3. Copper dropped as uncertainty ahead of Donald Trump’s inauguration as U.S. president and concerns over Britain’s impending exit weighed on prices. LME copper stocks fell another 1,625 tonnes, exchange data showed, bringing their decline for the year to 34,450 tonnes, or 11 percent. Chinese customs data showed the country shipped in a record 4.95 million tonnes of copper in 2016. SELL COPPER FEB @ 399 SL 402 TGT 395.40-390.20 .MCX.

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