Uncertainty over concerns of US debt ceiling issue and higher Jobless claims which would lower the demand for metals , took base metals down coupled with weak spot demand.

However, drop in LME inventories and weakness in DX limited the sharp fall in base metals. In Indian market, base metals traded down on strength in Indian currency.

Trend of MCX Copper November future is in consolidation and also sustaining around higher levels. For the coming week, it could face major resistance of 472/483 whereas 445/432 could be a major support in MCX Copper. For the next week trader may go for sell on higher levels, if MCX Copper future sustain below 445 levels then it could test the level of 440/437 .