Copper is bearish for
medium-long term.Currently Copper is showing some down move and trend is strong
momentum is also showing strength and supported with good volume The open
interest is not increasing with trend . Caution note selling at lower levels
seems decreasing. The oscillator is showing BUY signal For short term Copper is
in HOLD SHORT position.Positionally Immediate support for Copper
is 420.Resistance for the Copper is 428-430-431-437-440-
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 oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 428.2 with a stop at 421.3 Below 419.5 go for sell and put stop at 426.4
Intraday Resistance of COPPER are 424.2/424.6/433.7/439.6/449.6/455.2/466/476.8
Intraday Support of COPPER are 423.5/423.1/414/408.3/398.7/393.5/383.6/373.9
Intraday Trend- Buy is advised only above 428.2 with a stop at 421.3 Below 419.5 go for sell and put stop at 426.4
Intraday Resistance of COPPER are 424.2/424.6/433.7/439.6/449.6/455.2/466/476.8
Intraday Support of COPPER are 423.5/423.1/414/408.3/398.7/393.5/383.6/373.9
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