COPPER TREND FOR TODAY-19-FEB-2013

Copper is moving sideways The oscillator is on SELL signal and Copper is coming down from overbought level and has moved down its previous low with good volume points to a negative break out . The oscillator is on SELL signal and Copper is coming down from overbought level For short term Copper is in HOLD LONG position and Copper closed below 1 week low with volume signals down breakout.Positionally Support for the Copper is 435-.Resistance for the Copper is 444-445-447-

Short term and Intraday Level of COPPER

Copper and closed below 1 week low with volume signals down breakoutCurrently Copper is in HOLD SHORT position Copper is moving sideways so short term investor better to buy only above 449.5 or hold with stop at 441.65 The oscillator is on SELL signal and Aluminium is coming down from overbought level
Intraday Trend- Buy is advised above 445.1 with a stop at 440.5 Below 439.6 go for sell
Intraday Resistance of COPPER are 445.9/448.8/454.2/460.2/470.4/476.2/487.2/498.3
Intraday Support of COPPER are 438.8/435.9/428.1/418.4/413/402.9/392.9

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