MCX Copper prices expected to trade positive in near term as improving outlook in Europe may boost the near-term demand for industrial metals including copper. A weaker dollar also made the commodity more attractive for those holding other currencies, says Ankush Kumar Jain, Research Analyst with Commodity Online.
Technically MCX Copper February contract having a good support at Rs 412 and Resistance at Rs 430. Copper prices expected to trade in the above said levels for this week,added Jain.
Technically MCX Copper February contract having a good support at Rs 412 and Resistance at Rs 430. Copper prices expected to trade in the above said levels for this week,added Jain.
0 comments:
Post a Comment