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MCX Copper Updates, Intraday Outlook

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  • Wednesday, September 28, 2011
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  • For MCX Copper November Future the corrections seen in the earlier trading session were failed to strengthen above 381 where it had taken resistance multiple time. Going forward the present technical formation looks to be weak and prices move lower towards 359/354 levels for the day. A direct rise above 381 with volume would be a signal of reversal of the present momentum.

    Intraday Technical Levels:
    Res1 : 276 || Res2 : 281
    Sup1 : 362 || Sup2 : 358

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