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      Technical comment for the day: Copper

      MoM Team / Mumbai, May 17, 2017 09:57 AM IST

        Technical comment for the day: Copper

        The prices of copper gained on the back of increase in long positions in the metal. Copper showed some recovery of 0.18% in the session gone by. At the time of closing Copper was at Rs 362.20 per kg.

        On the higher side, Rs 363 per kg was noted while on the lower side, Rs 359 per kg was tested. Resistance for Copper is at Rs 365- 369 per kg. Supports of Rs 358 and 356 per kg is active.

         


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      Source: Capital Market



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