Mcx copper resumed uptrend after correction consolidation

Mcx copper resumed uptrend after correction consolidation

Mcx copper technical call for 22 November 2016

Mcx copper future last closed at 378.6. Mcx copper future price trend is super bullish and after correction and consolidation, momentum once again building for long side. Mcx copper above 359 remain buy and accumulate as already told. On upside 385 and 400 will be major hurdle as well as target zones. If sustain above 359, for next 2 to 3 weeks then expect 470 in longer terms.

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