We expect base metal prices to trade on the positive note on the back of strong manufacturing data from China, Euro Zone and US as the expectation of rise in demand for industrial metal increased. Further, rise in risk appetite in the global markets along with the expectation of strong economic data from UK may support prices to trade in green.

Trend of MCX Copper future is bullish and also sustaining around higher levels. So, for the coming week, it could face major resistance of 490/505 whereas 469/451.90 could be a major support in MCX Copper. For the next week trader may go for buy on lower levels, if MCX Copper future sustain above 483.20 levels then it could test the level of 489/ 497 levels.