MTECHTIPS;- Copper to trade in 374.7-392.7: Achievers Equities

MTECHTIPS;- Copper to trade in 374.7-392.7: Achievers Equities

MTECHTIPS-Copper trading range for the day is 374.7-392.7. Copper gained following upbeat jobs data from the United States and the return of Chinese buyers after a two-day break. Prices came under pressure last week from indications that a number of production outages that had driven prices sharply higher in February were coming to an end. Peru will likely gradually increase its copper production to 3.1 million tonnes in 2021 from an annual 2.35 million tonne s expected for both this year and next. SELL COPPER APR 2017 @ 386.00 SL 388.50 TGT 383.20-380.50. MCX.

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