Wednesday, 3 April 2013

COPPER TREND FOR TODAY-03-April-2013


Copper is bearish for medium-long term .Currently Copper is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Copper is in SELLposition.Positionally Immediate support for Copper is 394.Resistance for the Copper is 417-418-422-431-435-438-

Short term and Intraday Level of COPPER

Currently Copper is in SELL position Copper is in sideways so for short term better buy above 418.4 with stop at 396.5 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 418.7 with a stop at 403.1 Below 398.5 go for sell and put stop at 414
Intraday Resistance of COPPER are 410.1/411.4/417.6/423.3/433.2/438.7/449.2/459.9
Intraday Support of COPPER are 407/405.7/398.2/392.6/383.3/378.1/368.5/358.9
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