COPPER TREND FOR TODAY-18-July-2013

Copper is in long- short-medium- term bull phase .Currently Copper is moving sideways The oscillator is on SELL signal and Copper is coming down from overbought level .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 402. The oscillator is on SELL signal and Copper is coming down from overbought level For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 411-404-403-.Resistance for the Copper is 418-419-

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 421.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 418.8 with a stop at 409 Below 406.3 go for sell
Intraday Resistance of COPPER are 418 : 422.5 : 427.1 : 433.1 : 439.2 : 443.6 : 448
Intraday Support of COPPER are 407.1 : 402.6 : 398.3 : 392.5 : 386.7 : 382.6 : 378.6

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