Copper is in perfect uptrend .Currently Copper is in strong uptrend and
the trend is supported with good volume The open interest is not increasing
with trend . Cautious point is buying at higer levels seems decreasing. The
oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally
Support for the Copper is 409-407-406-404-400-. Immediate resistance for Copper
is 422
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 408 The Copper is now trading is approaching overbought
level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 426.5 with a stop at 411.9 Below 407.7 go for sell with a stop at 422.2
Intraday Resistance of COPPER are 419.7 : 421.9 : 427.3 : 431.6 : 437.7 : 443.8 : 448.2 : 452.7
Intraday Support of COPPER are 414.4 : 412.2 : 406.9 : 402.7 : 396.9 : 391.1 : 387 : 382.9
Intraday Trend- Buy is advised above 426.5 with a stop at 411.9 Below 407.7 go for sell with a stop at 422.2
Intraday Resistance of COPPER are 419.7 : 421.9 : 427.3 : 431.6 : 437.7 : 443.8 : 448.2 : 452.7
Intraday Support of COPPER are 414.4 : 412.2 : 406.9 : 402.7 : 396.9 : 391.1 : 387 : 382.9
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CS GOLD (AUG) OVERVIEW:
ReplyDeleteTREND CONSOLIDATE
SUP1:26110,
SUP2:25960,
RESIST1: 26490,
RESIST2: 26732,
TRADING STRATEGY: BUY ON DIPS.
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