@@ COPPER: MCX Copper November expiry contract closed at Rs 464.85 per kg, down 0.52%. The prices tested a high of Rs 472.2 per kg and a low of Rs 463.7 per kg. Copper has breached the channel that was set at Rs 467 and 465 per kg. Fresh supports for the contract are at Rs 462 and 461 per kg on MCX platform. This is also a trendline support for Copper. Breaching this level can bring sharp selling pressure towards Rs 451 per kg. Resistance for Copper is at Rs 470 per kg.
Posted on: Thu, 12 Sep 2013 06:21:14 +0000
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