MTECHTIPS:-Copper to trade in 367.4-377.6: Achievers Equities

MTECHTIPS:-Copper to trade in 367.4-377.6: Achievers Equities

MTECHTIPS-Copper trading range for the day is 367.4-377.6. Copper traded in range weighed down by concerns about oversupply as the world’s top two copper mines look to recover from disruptions. Prices have faltered since shipments resumed from BHP Billion’s Escondida mine in Chile. A Southern Copper Corp spokesman said its operations in Peru were near normal as workers started an indefinite strike, despite sources said 80% of capacity was affected. SELL COPPER APR 2017 @ 375.50 SL 378.50 TGT 371.80-369.50. MCX

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