Tuesday 16 July 2013

COPPER TREND FOR TODAY-17-July-2013

Copper is in long- medium- short-medium- term bull phase .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 above428 or buy with strict stop at 402. 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 411-410-404-403-.Resistance for the Copper is 419-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position Copper is moving sideways with low volatality so short term investor better to buy if close above 425.25 close below 412.55 Sell will happen. The oscillator is showing SELL signal
Intraday Trend-Intraday better to buy above 426.5 and Sell if below406.1
Intraday Resistance of COPPER are 419.1 : 421.5 : 426.6 : 430.9 : 437 : 443.1 : 447.5 : 451.9
Intraday Support of COPPER are 413.5 : 411.1 : 406.2 : 402 : 396.1 : 390.4 : 386.3 : 382.2
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1 comments :

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