Sunday, 17 February 2013

COPPER TREND FOR TODAY-18-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 443-442-441-440-435-. Immediate resistance for Copper is 452

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 446 The Copper is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 451.3 with a stop at 446.6 Below 445.6 go for sell with a stop at 450.3
Intraday Resistance of COPPER are 448.8/449.2/458.5/464.6/474.9/480.6/491.7/502.8
Intraday Support of COPPER are 448.1/447.7/438.2/432.4/422.5/417.1/407/396.9



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