COPPER TREND FOR TODAY-20-Jun-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 . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Support for the Copper is 401-.Resistance for the Copper is 411-412-414-415-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 407 The Copper is now trading is approaching oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 412.5 with a stop at 405.8 Below 404.1 go for sell with stop at 410.8
Intraday Resistance of COPPER are 411.7 : 414.4 : 418.5 : 422.7 : 428.8 : 434.8 : 439.2 : 443.5
Intraday Support of COPPER are 404.9 : 402.2 : 398.3 : 394.1 : 388.3 : 382.6 : 378.6 : 374.5

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