MTECHTIPS:-Copper to trade in 399-410.4 range: Achievers Equities

MTECHTIPS:-Copper to trade in 399-410.4 range: Achievers Equities

MTECHTIPS-Copper trading range for the day is 399-410.4. Copper fell as the dollar recovered and profit-taking set in after the metal rose to a two- month high on concerns over a looming strike in Chile. Workers at Escondida mine in Chile have vote d to reject a company wage offer and go on strike, the union said. The strike is due to begin in about 48 hours but the workers’ union said the company will likely request government mediation to attempt a resolution. BUY COPPER FEB 2017 @ 404.50 SL 401.80 TGT 407.50-409.80 .MCX.

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