Friday, 27 September 2013

COPPER TREND FOR TODAY-28-Sep-2013

Copper is in long- medium- short- term bull phase .Currently Copper is moving sideways The oscillator is on BUY Signal and Copper is recovering from oversold level .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above475 or buy with strict stop at 449. The oscillator is on BUY Signal and Copper is recovering from oversold level For short term Copper is in HOLD SHORT position.Positionally Support for the Copper is 460-459-444-435-.Resistance for the Copper is 473-
Short term and Intraday Level of COPPER
Copper closed above 1 week high with volume signals up breakoutCurrently Copper is in HOLD LONG position Copper is in sideways and sellers was at high so for short term better buy above 479.3 or hold with stop at 455.2 The next resistance will be at 470.9 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 479.3 with a stop at 465 Below 460.8 go for sell and put stop at 475.1
Intraday Resistance of COPPER are 474.2 : 478.3 : 485.2 : 492 : 498.5 : 503.1 : 507.8
Intraday Support of COPPER are 465.9 : 461.8 : 454.9 : 448.6 : 442.5 : 438.1 : 433.7

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