Monday, 8 July 2013

COPPER TREND FOR TODAY-09-July-2013

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 The current position isBUY .Positionally Support for the Copper is 413-410-409-404-401-. Immediate resistance for Copper is 428
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position Copper is in down trend so buy above 419.0 The sell will again come if below 414.1 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 421.8 with a stop at 415.9 Below 414.5 go for sell
Intraday Resistance of COPPER are 421 : 423.3 : 428.4 : 432.8 : 438.8 : 445 : 449.4 : 453.8
Intraday Support of COPPER are 415.3 : 413 : 408 : 403.8 : 398 : 392.2 : 388 : 384

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