Monday, 4 February 2013

COPPER TREND FOR TODAY-05-FEB-2013


Copper is in perfect uptrend .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 441-438-436-434-. Immediate resistance for Copper is 448

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 442 The Copper is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 449.2 with a stop at 442.6 Below 440.9 go for sell with a stop at 447.6
Intraday Resistance of COPPER are 447/448.6/454.6/460.6/470.9/476.6/487.6/498.7
Intraday Support of COPPER are 443.1/441.5/434.4/428.5/418.7/413.4/403.3/393.3

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1 comments :

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