Choice International Ltd
Published on 19/01/2018 12:37:00 PM
MCX Copper price has opened on positive note and traded sideways. Overall, MCX Copper price has been trading in broadening formation on daily chart; where price has been consolidating near the crucial support of 450 level. Moreover, Price has retreated below 21 day EMA. Furthermore, momentum indicator RSI (14) reading is at 49.38 with negative crossover. So based on the above studies, we expect bearish movement in MCX Copper future.
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