Wednesday 25 September 2013

COPPER TREND FOR TODAY-25-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 and fresh Buy can be considered in the Copper if it close above487 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 LONG position.Positionally Support for the Copper is 456-442-434-.Resistance for the Copper is 463-467-476-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position Copper is in profit booking mode so better sell and enter at lower level The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 464.2 with a stop at 456.3 Below 454.2 go for sell
Intraday Resistance of COPPER are 462.6 : 465.4 : 470 : 474.5 : 480.9 : 487.3 : 491.9 : 496.5
Intraday Support of COPPER are 455.8 : 453 : 448.5 : 444.2 : 438 : 431.9 : 427.6 : 423.3

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