MCX Free Tips- Copper to Trade in 395.7-410.5 range

Copper prices gained as support seen after data showed top consumer China imported more of the metal last year.

MCX Free Tips– Copper trading range for the day is 395.7-410.5.

China shipped in a record 4.95 million tonnes of copper in 2016, up 2.9 percent from a year earlier.

China’s copper imports in December rose almost 30 percent to 490,000 tonnes from a month earlier, the official data showed.
mcx copper trading tips

BELOW 28550,

Target1- 28510,

Target2- 28470,

Target3- 28370,

StopLoss ABOVE 28630.

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