COPPER TREND FOR TODAY-07-Sep-2013

Copper is in long- medium- short-medium- 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 showing SELL signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 470-443-432-426-.Resistance for the Copper is 486-491-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below466.9 Buy if above 510.5 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 481.6 with a stop at 470.1 Below 466.9 go for sell
Intraday Resistance of COPPER are 480.6 : 485.9 : 489.8 : 496.3 : 502.8 : 507.5 : 512.2
Intraday Support of COPPER are 467.9 : 462.6 : 459 : 452.7 : 446.5 : 442.1 : 437.8

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