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MTECHTIPS:-COPPER
Copper witnessed a session of consolidation, as the index gained from lower levels to close the session around 412 levels. Copper now faces strong resistance at higher levels above 414 any up move in the commodity will open up 418 and higher levels. Copper has strong support below 408 levels any dip will retest 400 levels. The commodity is expected to remain volatile and profit taking around 418 levels is expected.
Copper witnessed a session of consolidation, as the index gained from lower levels to close the session around 412 levels. Copper now faces strong resistance at higher levels above 414 any up move in the commodity will open up 418 and higher levels. Copper has strong support below 408 levels any dip will retest 400 levels. The commodity is expected to remain volatile and profit taking around 418 levels is expected.
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