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Copper Technical Comment For 02 July 2015



MCX Copper June expiry contract changed gained for session ending 1 July 2015. Prices for August expiry moved closer to Rs 375 per kg. Copper ended the day at Rs 373.95 on 1 July 2015 against 371.90 per kg on 30 June 2015. On Wednesday trading gains are expected to get resisted at Rs 378 and 376 per kg. Meanwhile support for Copper is at Rs 370 and 368 per kg. The low for Copper on Wednesday was at Rs 370.35 per kg, and a high of Rs 376.65 per kg was noted. Open interest was at 14301 on 1 July 2015 against 14455 on 30 June 2015.
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