MCX COPPER
- MCX COPPER facing strong 200 DMA resistance, will favor bears as long as trades below.
- Copper also stuck in a range bound zone, sharp movement expecting once MCX Copper comes out from its range, upper side resistance @ 435 and support @ 412.
- If Copper falls from current levels and closes and stays below 412 then further weakness is expecting and stock will find next support around 403 its 161.8% fibonacci retracement level.
- Mcx trading tips free.
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