Monday, 11 March 2013

COPPER TREND FOR TODAY-12-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 .In last 1 month volatality is very less Buy the Copper above 436 or buy with strict stop at 418. The oscillator is on BUY Signal and Copper is recovering from oversold level For short term Copper is in HOLD SHORT position.Positionally Immediate support for Copper is 418.Resistance for the Copper is 429-430-435-439-440-441-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 427.0 The Copper is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 428.7 with a stop at 423.6 Below 422.5 go for sell
Intraday Resistance of COPPER are 428.3/430.6/434.6/440.4/450.5/456.1/466.8/477.7
Intraday Support of COPPER are 422.9/420.6/414.8/409.1/399.5/394.3/384.4/374.7
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