Tuesday 15 January 2013

COPPER TREND FOR TODAY-16-JAN-2013


Copper is in long- term bull phase .Currently Copper is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Copper above 457 or buy with strict stop at 436. The oscillator is showing SELL signal For short term Copper is in HOLD SHORT position.Positionally Support for the Copper is 434-433-.Resistance for the Copper is 446-449-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 445.0 The Copper is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 444.2 with a stop at 439.4 Below 438.4 go for sell and put stop at 443.2
Intraday Resistance of COPPER are 443.5/445.3/450.4/456.4/466.6/472.4/483.3/494.3
Intraday Support of COPPER are 439.1/437.3/430.3/424.5/414.8/409.4/399.3/389.4


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