MCX Copper may note some gains tracking international exchanges however the upside remains capped. LME copper is trading higher in early trades today after a weaker session yesterday.
MCX Copper stocks at LME warehouses rose by 300 tons yesterday after hitting lowest level since September 2009 last week while cancelled warrants rose to 28.16%, Support for February copper is seen at Rs.414 while resistance is seen at Rs.426.
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