Sunday, 28 April 2013

COPPER TREND FOR TODAY-29-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 Support for the Copper is 377-.Resistance for the Copper is 389-397-411-421-427-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position Copper is in profit booking mode so hold with stop at 381 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 388.2 with a stop at 379 Below 376.4 go for sell and put stop at 385.6
Intraday Resistance of COPPER are 383.5/384.5/391.3/396.8/406.4/411.7/421.9/432.2
Intraday Support of COPPER are 381.1/380.1/372.5/367.1/358/353.1/343.7/334.5

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