Copper is in long- term bull phase .Currently Copper is in strong
downtrend with good momentum but volume is unsatisfactory The open interest is
not increasing with trend . Noting point is selling at lower levels seems
decreasing. The oscillator is showing SELL signal For short term Copper is inSELL position.Positionally
Support for the Copper is 404-.Resistance for the Copper is 415-417-418-
Short
term and Intraday Level of COPPER
Currently
Copper is in HOLD SHORT position
The Copper is in downtrend For short term buy only if close above 411.0 The
Copper is now trading is approaching oversold level. The oscillator is on BUY
Signal and Aluminium is recovering from oversold level
Intraday Trend- Buy is advised only above 414.6 with a stop at 409.1 Below 407.9 go for sell and put stop at 413.3
Intraday Resistance of COPPER are 413.7 : 415.8 : 421.4 : 425.7 : 431.7 : 437.8 : 442.2 : 446.6
Intraday Support of COPPER are 408.7 : 406.6 : 401.1 : 397 : 391.2 : 385.4 : 381.3 : 377.3
Intraday Trend- Buy is advised only above 414.6 with a stop at 409.1 Below 407.9 go for sell and put stop at 413.3
Intraday Resistance of COPPER are 413.7 : 415.8 : 421.4 : 425.7 : 431.7 : 437.8 : 442.2 : 446.6
Intraday Support of COPPER are 408.7 : 406.6 : 401.1 : 397 : 391.2 : 385.4 : 381.3 : 377.3
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