Bullish bias looks intact for MCX Copper February contract, but an initial dip till 420/419 would in order for the day. However intraday upside resistance is seen at 427/431 and 444 for near term, but a trend reversal point is at 416.
Resistance : 427.20
Support : 420.50
Live Intraday Trading Calls :
Buy MCX Copper at 423.15 for Target price of Rs. 423.85-424.10 with keeping a stoploss below 422.50.
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