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
412-415-418-428-433-436-
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 410.95 or hold with stop at 401.45 The
oscillator is showing BUY signal
Intraday Trend- Buy is advised above 411.7 with a stop at 402.2 Below 399.6 go for sell
Intraday Resistance of COPPER are 406.8/407.7/415.1/420.8/430.6/436.1/446.6/457.2
Intraday Support of COPPER are 404.5/403.6/395.7/390.2/380.8/375.7/366.1/356.6
Intraday Trend- Buy is advised above 411.7 with a stop at 402.2 Below 399.6 go for sell
Intraday Resistance of COPPER are 406.8/407.7/415.1/420.8/430.6/436.1/446.6/457.2
Intraday Support of COPPER are 404.5/403.6/395.7/390.2/380.8/375.7/366.1/356.6
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TODAY'S TRENDS
ReplyDeleteCOPPER (28 FEB.) TREND: CONSOLIDATE
RES 1: 467.50
RES 2: 470
SUPP 1: 458
SUPP 2: 454.50
STRATEGY: SELL ON HIGH Free Commodity Tips