Monday, 15 April 2013

COPPER TREND FOR TODAY-16-April-2013


Copper is bearish for medium-long term .Currently Copper is moving sideways The oscillator is showing BUY signal and has moved down its previous low with good volume points to a negative break out . The oscillator is showing BUY signal For short term Copper is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Copper is 385.Resistance for the Copper is 409-410-413-423-430-434-
Short term and Intraday Level of COPPER
Copper and closed below 1 week low with volume signals down breakoutCurrently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 407.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 401.9 with a stop at 390.3 Below 385.3 go for sell
Intraday Resistance of COPPER are 400.6/405.1/412.5/420.1/425.5/435.9/446.4
Intraday Support of COPPER are 391.6/387.1/379.7/370.9/365.9/356.4/347


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