Thursday, 24 October 2013

COPPER TREND FOR TODAY-25-Oct-2013

Copper is in long- term bull phase .Currently Copper is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above462 or buy with strict stop at 438. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 443-.Resistance for the Copper is 452-453-457-467-

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 457.25 or hold with stop at 444.15 The Copper is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 450 with a stop at 444.5 Below 443.3 go for sell
Intraday Resistance of COPPER are 449.1 : 451.1 : 457.3 : 461.7 : 468 : 474.4 : 478.9 : 483.5
Intraday Support of COPPER are 444.2 : 442.2 : 436.1 : 431.8 : 425.8 : 419.8 : 415.5 : 411.3

 

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