Copper is in long- term bull phase .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Copper Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 446-437-.Resistance for the Copper is 463-464-466-470-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position Copper is moving sideways so short term investor better to buy only above 471.4 or hold with stop at 452.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 460.8 with a stop at 450.8 Below 448 go for sell
Intraday Resistance of COPPER are 459.9 : 464.4 : 469.6 : 476 : 482.3 : 486.9 : 491.5
Intraday Support of COPPER are 448.9 : 444.4 : 439.4 : 433.3 : 427.3 : 423 : 418.7
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