COPPER TREND FOR TODAY-05-Sep-2013

Copper is in long- medium- short-medium- short- term bull phase .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 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 480-466-441-430-425-.Resistance for the Copper is 490-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position Copper is in sideways but the trend looks weak so better buy above 510.5 or hold with stop at 481.65 Yesterday the selling was with volume so risk takers can go for shorting at current rate with stop at 510.5 The oscillator is showing BUY signal 
Intraday Trend- Sell if open below 475 with stop loss at 492.5 or sell below 467.2Buy is not advised till it cross 500.2
Intraday Resistance of COPPER are 490.4 : 497.1 : 508.2 : 512.5 : 517.3 : 522
Intraday Support of COPPER are 477 : 470.3 : 459.2 : 451.3 : 446.9

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