Wednesday, 6 March 2013

COPPER TREND FOR TODAY-07-March-2013


Copper is bearish for medium-long term .Currently Copper is moving sideways The Copper is now trading in oversold level. The Copper is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above450 or buy with strict stop at 418. The Copper is now trading in oversold level. The Copper is now trading in oversold level. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Immediate support for Copper is 418.Resistance for the Copper is 430-431-437-440-441-442-

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 428 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 430.6 with a stop at 425.2 Below 423.9 go for sell with stop at 429.3
Intraday Resistance of COPPER are 429.6/431.5/438/443.9/454/459.6/470.4/481.3
Intraday Support of COPPER are 424.9/423/418.1/412.4/402.8/397.5/387.6/377.9

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