Friday 8 March 2013

COPPER TREND FOR TODAY-09-March-2013


Copper is bearish for medium-long term .Currently Copper is moving sideways The oscillator is on BUY Signal and Copper is recovering from oversold level and has moved down its previous low. The oscillator is on BUY Signal and Copper is recovering from oversold level For short term Copper is in HOLD LONG position.Positionally Immediate support for Copper is 422.Resistance for the Copper is 430-436-440-442-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below422.1 Buy if above 432.3 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 428.3 with a stop at 423.2 Below 422.1 go for sell
Intraday Resistance of COPPER are 427.5/429.4/435.7/441.6/451.7/457.3/468.1/478.9
Intraday Support of COPPER are 422.9/421/415.9/410.2/400.7/395.4/385.5/375.8

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1 comments :

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