COPPER TREND FOR TODAY-06-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 411-409-408-404-401-. Immediate resistance for Copper is 428

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position Copper is in profit booking mode so better sell and enter at lower level The Copper is now trading is approaching overbought level. The oscillator is on SELL signal and Copper is coming down from overbought level
Intraday Trend- Buy is advised above 420 with a stop at 413.6 Below 412 go for sell
Intraday Resistance of COPPER are 418.7 : 421 : 426.3 : 430.6 : 436.6 : 442.8 : 447.2 : 451.6
Intraday Support of COPPER are 413.3 : 411 : 405.9 : 401.7 : 395.9 : 390.1 : 386 : 381.9

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