MCX Copper November delivery contract drop by 0.30 percent to 384.80 rupees per kilogram. Support for contract seen at 376 rupees and resistance looks around 400 rupees.
Base metals edged up on beginning of the week as the New Greek government tried to provide some hope amidst gloomy scenario in the region. Copper futures stays range bound 385-395 in ongoing week due to uncertain economical outlook.
Copper future dips below 390 rupees per Kilogram in today’s trade. Copper fall along with other base metals in international market due to selling stay continue from weekly higher levels.
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