mcx copper intraday forecast 8 oct 2015

Mcx copper future today is trading at 343 with loss.
 
On daily chart, copper future 1 week price channel is up.
And 1 month price channel also showing downtrend.
Daily chart RSI is at 48 and facing resistance.
 
mcx copper intraday support levels are 341 and 337.
And mcx copper intraday resistance levels are 345.5 and 349.
 
mcx copper might show some deeper correction before next move.

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Pramod Baviskar

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