** COPPER: Indian Copper is set to benefit from the fact that - TopicsExpress

** COPPER: Indian Copper is set to benefit from the fact that Asian markets are showing some signs of recovery in the future contracts. The COMEX Copper was last seen at $ 3.30 , up 0.03 cents. Even the LME is showing marginal gains of $ 40 per tonne to trade at $ 7240 per tonne. The MCX Copper closed at Rs 447.6 , down 1.33%. The prices are expected to hold onto a medium term support of Rs 441 in the coming days. A breach of this level can prove fatal for Copper. Resistance for the contract is at Rs 455 . This means that a channel of Rs 441-455 is active in Copper.

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