Copper Technical Comment for 30 June 2015

MCX Copper June expiry contract changed marginally for session ending 29 June 2015. Prices moved below Rs 372 per kg but trading wise remained unmoved. Copper ended the day at Rs 370.50 on 29 June 2015 against 371.20 per kg on 26 June 2015. On Tuesday trading gains are expected to get resisted at Rs 372 and 375 per kg. Meanwhile support for Copper is at Rs 368 and 365 per kg. The low for Copper on Monday was at Rs 369 per kg, and a high of Rs 374.75 per kg was noted. Open interest was at 6605 on 29 June 2015 against 12533 on 26 June 2015.
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