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MCX COPPER UPDATES

Copper is still trading in the bearish zone though it has taken supports

near 370 levels the commodity is still in bears hand, short term resistance

for the commodity is seen at 387 and supports is seen at 370 levels,

for positional sellers any close below 370 add short positions with

stops above 387 for target of 345….


Weekly strategy.

Copper sell at Cmp and on rises up to 382

with stops above 387 for target of 370..

Add additional short positions below 370 and trail the stops to 382

for positional target of 350 and 345..