Copper Futures

Commodity trading: Copper prices have dropped 7 per cent since Monday's record high, with a significant intraday drop due to profit-taking

Brent crude strategy: Brent oil prices are expected to range between $75 to $90 per barrel,

Copper futures topped the $10,000-mark for the first time in 2 years, Aluminium futures quoted at 2-year highs earlier this month; here are the key levels to watch out.

Copper has given up 30% since touching a record peak in March but has largely held in a range between $7,200 and $8,000 since the end of August

Copper climbed as much as 4 per cent on Monday and is heading for an unprecedented eleventh monthly rise in February

Metal prices declined between 3 per cent and 6 per cent on the Multi Commodity Exchange (MCX), toeing global move as selling pressure

Commodity outlook and trading ideas by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls.

Fall in copper futures trade is due to cutting short of positions by participants and muted demand

At the Multi Commodity Exchange, copper for delivery in August month edged up by 75 paise to Rs 308.70 per kg

Participants indulged in reducing positions, tracking a weak trend in base metals overseas

Copper prices declined by 0.29 per cent to Rs 312.80 per kg in futures trade today as participants indulged in trimming positions, tracking a weak trend in base metals overseas