MCX Copper Analysis: Copper prices fell on Monday from their highest levels in nearly seven months, as subdued physical demand and a global economic downtrend weighed on prices.
MCX Copper
Copper MCX Tips Today | All Target Hit 715.60 to 709 | Neal Bhai MCX Guru
Copper MCX Tips Today: घरेलू हाजिर बाजार की कमजोर मांग के बीच कारोबारियों ने अपने सौदों की कटान की जिससे वायदा बाजार में मंगलवार को तांबा वायदा भाव 0.35 प्रतिशत गिरावट के साथ 716.65 रुपये प्रति किलो रह गया।
Copper Demand Continues to Outstrip Supply | Neal Bhai
Copper Demand: In the late-August copper price forecast update it was noted that “the shifting narrative around the supply-demand picture has created an opportunity whereby copper traders may be able to retake the pandemic uptrend, which would keep intact the prospect of a multi-month bull flag forming – and if viable, another jaunt to all-time highs.”
MCX Copper Tips Enjoy Tons of Money 720 to 743.75 Full Target Hit | Neal Bhai Reports
Copper prices are in a somewhat similar position to crude oil, with a rising trendline from the February swing low currently resting shortly above.
Copper Tips Today: Hit Full Target 715 to 721.25 | Neal Bhai Reports
Copper Tips Today: Hit Full Target — A growing number of copper workers in top producer Chile are digging in for a bigger share of the metal windfall, increasing the prospect of further supply disruptions.
MCX Copper Under Fresh Selling: Support 695
The most-traded August mcx copper contract on the Shanghai Futures Exchange fell as much as 2.3% to 67,400 yuan ($10,397.38) a tonne, its lowest since June 23.