In the last contract, we have seen good volume trades in Copper and traded with positive bias. In our positional view, we clearly indicated to buy Copper around 696 levels.
The contract is changed and now work on the fresh continuation chart. Watch our update on Copper
Support at 748—743 and resistance at 761
Decisive break and close above 761 with volume for two consecutive sessions will take it to 780—788 and then to 815 levels in days to come.
Below 752… Expect downside panic till 748—743 levels.
Expect more downside panic we will see on a close below 743 levels only.
Traders can trade safely as per the levels given above. More we will update you soon.