COPPER TREND FOR TODAY-05-Aug-2013

Copper is in perfect uptrend .Currently Copper is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Copper Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Copper is 416-415-412-410-405-. Immediate resistance for Copper is 434

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 423 Very Short term investor please cautious on Copper as it is moving with low volatality The Copper is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 434.9 with a stop at 424.4 Below 421.5 go for sell with a stop at 432
Intraday Resistance of COPPER are 428.6 : 429 : 438.6 : 443 : 449.1 : 455.3 : 459.8 : 464.3
Intraday Support of COPPER are 427.8 : 427.4 : 417.9 : 413.7 : 407.8 : 401.9 : 397.7 : 393.6

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