MCX Copper closed the last session trades at Rs 404.7 per kg, up 0.23% last week. The supports of MCX Copper is at Rs 398 and 396 per kg levels look very formidable. The markets have seen some skewed trrading range trading between Rs 409 and 397 per kg during this week. Open interest in the contract improved marginally at 20101 against 18892. The 25 day Exponential Moving Average (EMA) of Copper is at Rs 409.9 per kg. The prices of MCX Copper is expected to be resisted near to that level. The RSI has been indicating some more move towwards the upper resistances with index set at 46.
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For More detail Please Visit to our Website .
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