The downtrend seen in Copper on yesterday has vanished away today due to weakenign dollar. LME copper has reached upto $8000 per tonn. On domestic market also Copper with nearly 1.20% rise, is trading around 409.50. Metals other than copper in base metals is also gained. On MCX, aluminum, nickel, lead and zinc are trading with a rise of more than half per cent.
One can Buy copper above 409.50 for TG- 412.50 Stoploss below 406.