Copper November future prices traded sideways to higher on Friday’s trading session. After making a high of 362.5 it settled at 359.55 levels.

Closing of the daily candle renders indecisive movements for the day. How3ever, on the lower side crucial support is at 355 levels sustain above is likely to remain higher.

We expect prices to trade sideways to higher and recommend buying if market sustains well above 355 levels.

Copper MCX: Buy November at 358 TP 361 SL 356

Courtesy: Karvy Commtrade Ltd.

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