Monday, 4 April 2011
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MCX Copper expected to slump on extended selling
Copper April Future in MCX platform traded downside on Friday and settled at 420 thereby resuming its previous day losses. In daily chart a small black candle stick is witnessed suggesting continuation of bearish mode for the day. Daily close below short and medium term exponential moving averages indicating downside for intraday. Overall we expect copper prices to remain lower and
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