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 SELL position.Positionally Support for the Copper is 441-.Resistance for the Copper is 453-455-456-459-469-
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 Copper is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 452.5 with a stop at 444.7 Below 442.7 go for sell
Intraday Resistance of COPPER are 450.8 : 453.4 : 458.2 : 462.7 : 469 : 475.3 : 479.9 : 484.5
Intraday Support of COPPER are 444.4 : 441.8 : 437.1 : 432.7 : 426.7 : 420.7 : 416.4 : 412.2
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