Daily Copper Outlook Jan 10, 2017.

Copper was marking time on Tuesday, underpinned by a weaker dollar, while plant closures in China supported Shanghai zinc and lead prices. In today’s session Copper future currently is trading around $ 2.554 per ounce with 0.87% of gain in prices. In MCX, Copper future expected to open in positive zone. Technically on Daily Charts Copper Feb future now having a very good resistance level at Rs 389 while support at Rs 379. Intra-day traders advice to Buy Copper Feb future above Rs 384 wait for the target price of Rs 389, with strict stop loss of Rs 379.
Published on Jan 10 2017 10:11AM, by sudhanshubbd in Commodity tips| Share This

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