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MTECHTIPS:- Technical Comment For The Day: Copper

MTECHTIPS:- Technical Comment For The Day: Copper

Copper prices gained on the session ending Monday. Copper ended the day at Rs 351.35 on 7 September 2015 against 347.50 per kg on 4 Sep 2015. It has been noted that Copper has been refraining from moving above Rs 355 similarly on the lower side a support of Rs 342 is witnessed. On Tuesday trading gains are expected to get resisted at Rs 355 and 357 per kg. Floor for Copper is at Rs 348 and Rs 345 per kg. The high for Copper on Monday was at Rs 354.60 per kg, and a low of Rs 348 per kg was tested. Open interest was at 13894 on 7 September 2

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