MTECHTIPS:-Copper to trade in 386.2-401.8 range: Achievers Equities

MTECHTIPS:-Copper to trade in 386.2-401.8 range: Achievers Equities

MTECHTIPS-Copper trading range for the day is 386.2-401.8. Copper gained as the dollar slipped, but gains were capped by weak investment and industrial production data from China. China’s gross domestic product expanded 6.8 percent in the fourth quarter, outpacing market forecast of 6.7 percent. U.S. infrastructure spending is not widely expected to be a game-changer for industrial metals demand. BUY COPPER FEB @ 394 SL 391 TGT 399-401 .MCX.

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