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India February MCX copper futures likely down on profit-taking triggered by weak LME Select; contract up around 8.5% in past week.
"China markets have opened after a week-long break and we may see a volatile session of trade in next few days," says Mumbai-based analyst; adds, further monetary tightening by China, U.S. may trigger sharp sell-off. Analyst tips contract in INR336-INR345/kg band, it last closed flat at INR341.50.
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