Copper is in long- short-medium- short- term bull phase .Currently Copper is in strong uptrend with good momentum 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 The current position is BUY .Positionally Support for the Copper is 440-439-438-436-434-. Immediate resistance for Copper is 448
Intraday Trend- Buy is advised above 446.6 with a stop at 440.1 Below 438.5 go for sell
Intraday Resistance of COPPER are 444.1/445.3/453.3/459.2/469.5/475.2/486.2/497.3
Intraday Support of COPPER are 441/439.8/433.1/427.2/417.5/412.1/402/392
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position Copper is moving sideways so short term investor better to buy only above 445.85 with stop at 438.6 The Copper is now trading is approaching overbought level. The oscillator is showing BUY signalIntraday Trend- Buy is advised above 446.6 with a stop at 440.1 Below 438.5 go for sell
Intraday Resistance of COPPER are 444.1/445.3/453.3/459.2/469.5/475.2/486.2/497.3
Intraday Support of COPPER are 441/439.8/433.1/427.2/417.5/412.1/402/392
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