Thursday, 11 July 2013

COPPER TREND FOR TODAY-11-July-2013

Copper is in long- medium- short-medium- term bull phase .Currently Copper is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above428 or buy with strict stop at 391. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 409-404-401-.Resistance for the Copper is 418-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position Copper is in sideways and sellers was at high so for short term better buy above 417 or hold with stop at 405.0 The next resistance will be at 419.75 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 417 with a stop at 409.1 Below 407 go for sell and put stop at 414.9
Intraday Resistance of COPPER are 416.2 : 419.6 : 426.5 : 432.5 : 438.6 : 443 : 447.4
Intraday Support of COPPER are 407.8 : 404.4 : 397.8 : 392 : 386.2 : 382.1 : 378.1

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