MCX Copper Trend
MCX Copper is trading lower, impacted by the turmoil in European bond markets and growing perception that the gloomy economic scenario will dampen the global appetite for industrial metals. For Intraday trading MCX Copper could find support at 376-370 while resistance exists at 392-397.
MCX Copper Nov - Trading Strategy
Sell MCX Copper at 387-386 for price target of Rs 383-381 keeping a stoploss of Rs 390.
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