Tuesday, 3 September 2013

COPPER TREND FOR TODAY-03-Sep-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 .. The Copper is now trading in overbought level. The Copper is now trading in overbought level. The oscillator is showing SELL signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 481-476-460-437-428-423-. Immediate resistance for Copper is 515
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position Copper is moving sideways with low volatality so short term investor better to buy if close above 512.65 close below 481.1 Sell will happen. The Zincmini is now trading in overbought level. The oscillator is on SELL signal and Zincmini is coming down from overbought level
Intraday Trend-Intraday better to buy above 508.3 and Sell if below483.8
Intraday Resistance of COPPER are 502.2 : 507.3 : 511.9 : 518.6 : 525.2 : 530 : 534.8
Intraday Support of COPPER are 489.9 : 484.8 : 480.4 : 474 : 467.7 : 463.2 : 458.7

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