Commodity Online MUMBAI: Copper is trading down on Friday on the back of weak global sentiments. The strength of US dollar against Euro pulled the metal prices down.
MCX Copper November contract dipped by 0.87% to Rs 245.45 per kg while August contract is trading at Rs 243.4 per kg down. Copper has touched a low of Rs 241.75 a kg after opening at Rs 246.2, and last traded at Rs245.5.
Trade sitting at the comfort of home. Start with a mere 50$For today market is looking for the support at 242.40, a break below could see a test of 239.30 and where as resistance is now likely to be seen at 247.90, a move above could see prices testing 250.30.
