Immediate Copper outlook remains choppy with mildly positive - Geojit Financial
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Copper
Outlook: The firm demand outlook and weak US dollar likely to offer support to prices. However, it has been consolidating for the last many months, so there are chances of a technical correction.
COMEX: Expect a choppy trading in $4.90-3.90 levels initially and breaking either the sides would set a short term direction.
MCX Jan: Immediate outlook remains choppy with mildly positive as long as the support of Rs 700 holdS the downside. A direct drop below Rs 640 is a short term downside reversal.
To Read Complete Report & Disclaimer Click Here
For More Geojit Financial Services Ltd Disclaimer https://www.geojit.com/disclaimer
SEBI Registration Number: INH200000345
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
