Sunday, 24 March 2013

COPPER TREND FOR TODAY-25-March-2013


Copper is bearish for medium-long term .Currently Copper is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Immediate support for Copper is 410.Resistance for the Copper is 424-426-435-438-440-

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 416 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 423.2 with a stop at 417.6 Below 416.3 go for sell with a stop at 421.9
Intraday Resistance of COPPER are 420.2/420.7/429.4/435.3/445.2/450.8/461.5/472.3
Intraday Support of COPPER are 419.3/418.8/409.8/404.1/394.6/389.4/379.6/369.9

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