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Money Market Guru — The prices of MCX Copper depleted yet again last week. Copper declined by 1.01% to end at Rs 376.80 per kg. On the higher side, Rs 379.40 per kg was noted while on the lower side, Rs 370.60 per kg was noted.
Money Market Guru — Technical Comment For The Day: Copper — The prices of MCX Copper got relief from the ongoing selling pressure on Tuesday. The benchmark expiry contract ended at Rs 376.85 per kg, gaining by 0.59%. The metal tested a high of Rs 377.25 per kg, and a low of Rs 375 per kg.
Money Market Guru — The prices of MCX Copper declined by more than 1.5% in a single session. The tormenting by bears continues in Copper and the prices have now breached all important Rs 380 per kg levels. From here the declines can take metal towards Rs 366 per kg and settled at Rs 374.85 per kg. The session on Monday saw Copper ending at Rs 374.85 per kg.