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MCX Copper Mar Short Term Bearish

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Posted by : Karan Hakim on | Feb 25,2015

MCX Copper Mar Short Term Bearish


We maintain our bearish view in MCX Copper as prices have been in an downtrend since the past some months forming lower tops and lower bottoms within the falling wedge (R-S). Prices failed to sustain at higher levels and have resumed bearish move, further we expect prices to trade lower for the target of Rs. 348.


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