COPPER TREND FOR TODAY-12-Aug-2013

Copper is in perfect uptrend .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position isBUY .Positionally Support for the Copper is 430-423-420-415-413-406-. Immediate resistance for Copper is 446

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position Copper has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 446.5 with stop at 425.0 The Copper is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 446.5 with a stop at 439.7 Below 438.1 go for sell and put stop at 444.8
Intraday Resistance of COPPER are 442.9 : 443.4 : 452.8 : 457.3 : 463.5 : 469.8 : 474.4 : 478.9
Intraday Support of COPPER are 441.6 : 441.1 : 431.8 : 427.5 : 421.5 : 415.5 : 411.3 : 407.1

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