COPPER TREND FOR TODAY-03-Jun-2013

Copper is bearish for medium-long term .Currently Copper is moving sideways The oscillator is on SELL signal and Copper is coming down from overbought level .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above422 or buy with strict stop at 391. The oscillator is on SELL signal and Copper is coming down from overbought level For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 409-407-404-403-396-.Resistance for the Copper is 415-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position Copper is in profit booking mode so either sell of or keep stop at409 so better sell and enter at lower level The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 413.7 with a stop at 410.5 Below 410 go for sell
Intraday Resistance of COPPER are 412.7 : 413.4 : 422.1 : 426.3 : 432.4 : 438.5 : 442.9 : 447.2
Intraday Support of COPPER are 411 : 410.3 : 401.8 : 397.6 : 391.8 : 386.1 : 382 : 377.9

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