Daily Copper Outlook Feb 10, 2017.

Copper marked time on Friday, underpinned by supply concerns that had it on track for a small monthly gain, ahead of China trade data that should offer fresh insight into demand in the world's top consumer of metals. In today’s session Copper future currently is trading around $ 2.653 per ounce with 0.19% of loss in prices. In MCX, Copper future expected to open in negative zone. Technically on Daily Charts Copper Feb future now having a very good resistance level at Rs 397 while support at Rs 387. Intra-day traders advice to sell Copper Feb future near Rs 392 wait for the target price of Rs 387, with strict stop loss of Rs 397.