Sunday, 27 January 2013

COPPER TREND FOR TODAY-28-JAN-2013


Copper is in long- term bull phase .Currently Copper is in strong downtrend with good momentum and the trend is supported with good volume 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 441-443-445-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper is moving sideways so short term investor better to buy only above 441.05 or hold with stop at 434.5 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 440.8 with a stop at 434.1 Below 432.4 go for sell
Intraday Resistance of COPPER are 439.9/442.7/447.3/453.3/463.5/469.2/480.1/491.1
Intraday Support of COPPER are 433.3/430.5/427.3/421.5/411.8/406.4/396.4/386.5






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