Copper Technical Comment For 21 July 2015

MCX Copper June expiry contract lost ground for session ending 20 July 2015. The range of Rs 365 has been sold by day traders while Rs 348 has witnessed strengths. On 20 July 2015, Copper ended the day at Rs 351.40 per kg against 352.15 per kg on 17 July 2015. On Tuesday trading gains are expected to get resisted at Rs 355 and 357 per kg. Meanwhile support for Copper is at Rs 350 and Rs 347 per kg. The low for Copper Friday was at Rs 349 per kg, and a high of Rs 354.40 per kg was noted. Open interest was at 18866 on 20 July 2015 against 18944 on 17 July 2015.
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