MCX Copper Updates for Today

Base metals are trading with positive bias today and all the metals on MCX are trading with edge. February contract of MCX copper is moving above 409 level which could be a positive sign for a bullish momentum. Copper Prices are likely to reach 411.50-412 level today and traders can buy copper accordingly.

Below 407, this metal may see some downside. Trading range for short term is 403-414. A break in either side would decide the direction of the prices


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