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BASE METAL WRAP:Copper traders are the most bearish in six weeks on concern demand will slow in China, Europe and the US at a time when hedge funds are betting on lower prices. Copper fell 0.3% to $7,577 a tonne this year on the London Metal Exchange after slumping 21% last year. The MSCI World Index of equities gained 2% since the start of January and the S&P GSCI gauge of 24 commodities slid 4.6%.
SUPPORT 1: 418.05
SUPPORT 2: 414.20
RESISTANCE 1: 425.15
RESISTANCE 2: 428.45
CRUDE OIL (JUL)
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Nifty Future Options Stock Future Options Analysis Indian Stock Market
BSE Sensex (14625.25) and Nifty (4448.95) closed 5.3% and 5.0% upBy
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