Wednesday, 10 July 2013

COPPER TREND FOR TODAY-10-July-2013

Copper is in long- term bull phase .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY and Copper closed below 1 week low with volume signals down breakout.Positionally Support for the Copper is 404-401-.Resistance for the Copper is 412-413-414-417-
Short term and Intraday Level of COPPER
Copper and closed below 1 week low with volume signals down breakoutCurrently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 418.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 416.2 with a stop at 404.6 Below 401.3 go for sell
Intraday Resistance of COPPER are 414.5 : 419.2 : 423.2 : 429.2 : 435.3 : 439.6 : 444
Intraday Support of COPPER are 403 : 398.3 : 394.6 : 388.8 : 383.1 : 379 : 374.9

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