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MTECHTIPS:-COPPER
Copper witnessed a session of consolidation around 433 levels after sharp decline in last session. For the day support in copper is seen around 431 levels any decline will open up 427levels. Resistance for copper in coming session is seen above the 437 levels. Any gains will open up levels of 443 and higher. If the commodity breaches and closes below 430 levels we may soon witness lower levels in the commodity and even levels below 424 are not ruled out.
Copper witnessed a session of consolidation around 433 levels after sharp decline in last session. For the day support in copper is seen around 431 levels any decline will open up 427levels. Resistance for copper in coming session is seen above the 437 levels. Any gains will open up levels of 443 and higher. If the commodity breaches and closes below 430 levels we may soon witness lower levels in the commodity and even levels below 424 are not ruled out.
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