Copper is in long- medium- term bull phase .Currently Copper is in
strong downtrend but volume is unsatisfactory The open interest is not
increasing with trend . In last few days volume based selling happened in the
Copper Noting point is selling at lower levels seems decreasing. The oscillator
is showing SELL signal For short term Copper is in SELL position.Positionally
Support for the Copper is 450-437-430-.Resistance for the Copper is
472-478-480-
Short
term and Intraday Level of COPPER
Currently Copper is in SELL position The Copper is in downtrend For short term buy only if close above
464.0 The Copper is now trading in highly oversold level. The oscillator is
showing BUY signal
Intraday Trend- Buy is advised only above 466.5 with a stop at 457.6 Below 455.2 go for sell and put stop at 464.1
Intraday Resistance of COPPER are 463.5 : 465.7 : 471.6 : 476.2 : 482.6 : 489 : 493.6 : 498.2
Intraday Support of COPPER are 458.2 : 456 : 450.2 : 445.8 : 439.6 : 433.5 : 429.2 : 424.9
Intraday Trend- Buy is advised only above 466.5 with a stop at 457.6 Below 455.2 go for sell and put stop at 464.1
Intraday Resistance of COPPER are 463.5 : 465.7 : 471.6 : 476.2 : 482.6 : 489 : 493.6 : 498.2
Intraday Support of COPPER are 458.2 : 456 : 450.2 : 445.8 : 439.6 : 433.5 : 429.2 : 424.9
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