COPPER TREND FOR TODAY-05-July-2013

Copper is in perfect uptrend .Currently Copper is in strong uptrend with good momentum 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 The current position is BUY .Positionally Support for the Copper is 409-408-404-401-. Immediate resistance for Copper is 428

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position Copper is moving sideways so short term investor better to buy only above 426.2 with stop at 404.3 The Copper is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 425.3 with a stop at 416.9 Below 414.6 go for sell
Intraday Resistance of COPPER are 422.9 : 425.3 : 430.3 : 434.6 : 440.7 : 446.8 : 451.3 : 455.7
Intraday Support of COPPER are 417 : 414.6 : 409.8 : 405.6 : 399.7 : 393.9 : 389.8 : 385.7

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