Friday, 15 March 2013

COPPER TREND FOR TODAY-16-March-2013


Copper is bearish for medium-long term .Currently Copper is moving sideways 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 above436 or buy with strict stop at 419. The oscillator is showing BUY signal For short term Copper is in HOLD SHORT position.Positionally Immediate support for Copper is 419.Resistance for the Copper is 429-432-438-440-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position Copper is moving sideways so short term investor better to buy only above 430.15 with stop at 421.65 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 427.9 with a stop at 421 Below 419.2 go for sell
Intraday Resistance of COPPER are 426.2/428.5/434.9/440.8/450.8/456.5/467.2/478.1
Intraday Support of COPPER are 420.9/418.6/415.1/409.5/399.9/394.6/384.8/375

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