7 January 2014

INTRADAY CALL FOR COPPER 7-JAN-2014

"BUY COPPER FEBRUARY ABOVE  465.75 SL 463.75 TGT 467.75/469.75/471.75"
Copper declined  most in two weeks, leading drops in industrial metals, after a gauge of china’s services industry fell, stoking concern that demand will weaken in the biggest user.Copper futures rose for the first time in three sessions
amid signs that manufacturing is gaining momentum as inventories of the metal continue to shrink.Copper futures for March delivery added 0.1 percent to settle at $3.3595 a pound at 1:14 p.m. on the Comex in New York. The metal fell 0.9 percent last week.On the LME, copper for delivery in three months rose 0.1 percent to $7,325

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