Sunday, 10 February 2013

COPPER TREND FOR TODAY-11-FEB-2013


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 441-439-438-434-. Immediate resistance for Copper is 449
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 446.75 with stop at 439.3 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 449 with a stop at 443.8 Below 442.7 go for sell
Intraday Resistance of COPPER are 446.2/446.6/456.2/462.2/472.5/478.3/489.3/500.4
Intraday Support of COPPER are 445.5/445.1/435.9/430.1/420.3/414.9/404.8/394.8

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