MCX Copper futures closed slightly lower by 0.04% at Rs 1401.3 per kg in last session. The open interest in the counter registered a marginal drop of 1.39%.Volume registered a sharp increase of 22.79%. The counter is slightly lower by 0.97% in last one-week.
MCX iCOMDEX Copper index remained flat to end at 20536.94.
MCX Copper CE option for Rs 1500, remained flat at Rs 3.36 in last session.
Based on yesterday’s closing prices, here are the daily pivot levels for the MCX Oct-26 Copper futures.
S1: 1396.12
S2: 1390.88
PP: 1402.23
R1: 1407.47
R2: 1413.58