Copper is in long- term bull phase .Currently Copper is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Copper is in HOLD SHORT position.Positionally Support for the Copper is 448-438-.Resistance for the Copper is 461-463-465-468-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position Copper is showing some Up momentum So buy above 458.0 with stop at 447.9 The Copper is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 460.5 with a stop at 453.7 Below 452 go for sell and put stop at 458.8
Intraday Resistance of COPPER are 459.6 : 462.4 : 467 : 471.5 : 477.9 : 484.3 : 488.9 : 493.5
Intraday Support of COPPER are 452.9 : 450.1 : 445.6 : 441.3 : 435.1 : 429.1 : 424.8 : 420.5
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