Wednesday, 23 January 2013

COPPER TREND FOR TODAY-24-JAN-2013


Copper is in long- term bull phase .Currently Copper is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Support for the Copper is 434-433-.Resistance for the Copper is 442-444-445-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper is in down trend so buy above 440.0 The sell will again come if below 436.1 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 441.2 with a stop at 436.8 Below 435.9 go for sell
Intraday Resistance of COPPER are 440.4/441.9/449.2/455.2/465.4/471.1/482/493
Intraday Support of COPPER are 436.7/435.2/429.1/423.3/413.6/408.2/398.2/388.3



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