Base Metal Tips – Copper Prices: Net longs in the industrial metal grew slightly as funds marginally cut back on their short positions by 1%. However, copper could be starting to top out as investors refrain from taking up fresh longs.
MCX Copper
MCX Copper (Oct) Weaker Below ₹455, Any Rise Fresh Selling; Down Side Support ₹430
BASE METAL TIPS – MCX Copper settled down 0.11% at 440.85 as China’s factory activity is expected to have contracted for a fifth straight month in September. Pressure also seen after the release of a whistleblower complaint against U.S. President Donald Trump added to uncertainties about the global economy, already reeling from the China-U.S. trade war.
Launch of Copper Futures (2500 Kilograms) July, August, September and October 2019 Futures Contracts with New Modifications
Launch of Copper Futures (2500 Kilograms) July, August, September and October 2019 Futures Contracts with modifications
MCX Copper June Weekly Recommendation – Neal Bhai
MCX Copper Trading Tips + Weekly Recommendation
MCX Copper Tips – Strong Resistance at 458 level, Sell On Rise – Neal Bhai Reports
