MCX-Copper (₹367.6)
The MCX-Copper contract continues its consolidation phase. Since November 2016, the contract has been range-bound between ₹365 and ₹415 per kg. It is currently testing the lower boundary of this range. A breakout on either side will decide the next move. The contract has a significant long-term support at ₹365. If it manages to reverse higher from ₹365, the sideways range will remain intact. It ca...
Please Wait while comments are loading...
This article is closed for comments.
Please Email the Editor
Comments to: web.businessline@thehindu.co.in
Copyright ©2017, The Hindu Business Line