Tuesday, 24 September 2013

COPPER TREND FOR TODAY-24-Sep-2013

Copper is in long- medium- term bull phase .Currently Copper is moving sideways The Copper is now trading in oversold level. The Copper is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Copper above 490 or buy with strict stop at 449. The Copper is now trading in oversold level. The Copper is now trading in oversold level. The oscillator is showing BUY signal For short term Copper is in HOLD SHORTposition.Positionally Support for the Copper is 460-456-442-433-.Resistance for the Copper is 468-477-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 460 The Copper is now trading is approaching overbought level. The oscillator is on SELL signal and Copper is coming down from overbought level
Intraday Trend- Buy is advised above 469.1 with a stop at 461.1 Below 459 go for sell with stop at 467
Intraday Resistance of COPPER are 467.6 : 470.6 : 474.9 : 479.4 : 485.8 : 492.3 : 496.9 : 501.6
Intraday Support of COPPER are 460.5 : 457.5 : 453.3 : 448.9 : 442.8 : 436.6 : 432.3 : 428

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