Copper is in
long- term bull phase .Currently Copper is in strong downtrend with good
momentum and the trend is supported with good volume The open interest is not
increasing with trend .. The oscillator is showing BUY signal For short term
Copper is in HOLD SHORT position.Positionally Support for
the Copper is 447-437-.Resistance for the Copper is 463-466-468-
Short term and Intraday Level of
COPPER
Currently
Copper is in HOLD SHORT position Copper is in sideways so
for short term better buy above 459.8 with stop at 447.9 The oscillator is
showing SELL signal
Intraday Trend- Buy is advised only above 459.8 with a stop at 451 Below 448.6 go for sell and put stop at 457.5
Intraday Resistance of COPPER are 458.9 : 462.8 : 469.4 : 475.8 : 482.1 : 486.7 : 491.3
Intraday Support of COPPER are 449.5 : 445.6 : 439.2 : 433.1 : 427.1 : 422.8 : 418.5
Intraday Trend- Buy is advised only above 459.8 with a stop at 451 Below 448.6 go for sell and put stop at 457.5
Intraday Resistance of COPPER are 458.9 : 462.8 : 469.4 : 475.8 : 482.1 : 486.7 : 491.3
Intraday Support of COPPER are 449.5 : 445.6 : 439.2 : 433.1 : 427.1 : 422.8 : 418.5
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ReplyDeleteCOPPER (28 FEB.) TREND: CONSOLIDATE
RES 1: 451
RES 2: 454
SUPP 1: 443
SUPP 2: 440
STRATEGY: SELL ON HIGH
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