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MTECHTIPS:-Technical Comment For The Day: Copper

MTECHTIPS:-Technical Comment For The Day: Copper

Copper prices again lost ground on 24 August 2015. Copper ended the day at Rs 334.50 on 24 August 2015 against 337.75 per kg on 21 Aug 2015. On Tuesday trading gains are expected to get resisted at Rs 339 and 341 per kg. Floor for Copper is at Rs 332 and Rs 327 per kg. The high for Copper on Monday was at Rs 337 per kg, and a low of Rs 327.10 per kg was tested. Open interest was up on 19 August 2015. Open interest was at 14335 on 24 August 2015 against on 16034 on 21 August 2015.
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