COPPER TREND FOR TODAY-12-Sep-2013

Copper is in long- medium- term bull phase .Currently Copper is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. 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 SELL position.Positionally Support for the Copper is 447-435-429-.Resistance for the Copper is 478-484-485-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 476.0 The Copper is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 470.4 with a stop at 461.6 Below 459.3 go for sell
Intraday Resistance of COPPER are 469.5 : 473.4 : 480.2 : 486.7 : 493.1 : 497.8 : 502.4
Intraday Support of COPPER are 460.2 : 456.3 : 449.7 : 443.5 : 437.4 : 433.1 : 428.8

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