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MCX Copper Trend Looks Bearish

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  • Thursday, September 22, 2011
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  • For MCX Copper Nov futures even broad outlook seems to be bearish, inability to float below 387 would be an early signal of corrective recovery. A direct fall below 386 could negate the chances of a revival and the liquidation pressure could take prices as low as 382/376, that we favor for the day.

    Intraday Technical levels
    Sup : 392, 387
    Res : 406, 410

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