Copper Trend Today- technical Levels

Copper (Aug) on Thursday ended flat after making a high of 435.80. The copper metal if manages the breach 337 level, it may rise up to 440-445 levels. But on the downside if copper breaks 427 level, it may face some serious downfall till 423-420 levels.

It is advisable to sell below 429 for the targets of 427-425 Stop-loss- 432.50

else if it continues its consitent trade Above 432, go for buy in Copper for the targets of 435-36-37.

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MCX Copper Updates- Technical Levels

MCX Copper (June) 

In MCX Copper trade above 404.50 can lift Copper further towards 409-412 levels. A rally till 418 followed by 421-425 could be seen if copper breaks crucial level of 415.

Technical Levels-

R3- 421-425 R2- 415 R1- 405.50-409
Pivot- 404.50
S1- 401.50-397.50 S2- 393-390-387 S3-372-360


For Intraday one can buy Copper above 406 for the targets of 409-412 SL-401.50

below 401 go for sell target- 397.50-393.

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Copper Updates- Trading Range for today

In Today's market Support for Copper is seen near 398 . Breaking this level can take Nifty Down to the level of 395.20.
The resistance is seen near 406.7. Above this level it could test the level of 409.6.
Trading Range for 395.2-409.6 .

Intraday Traders can Buy MCX around 402-404 With Stop-loss 397 and Targets- 409-413.

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