Monday, 28 October 2013

COPPER TREND FOR TODAY-29-Oct-2013

Copper is in long- term bull phase .Currently Copper is moving sideways The oscillator is showing SELL 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 SELL signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 443-.Resistance for the Copper is 452-455-458-466-

Short term and Intraday Level of COPPER

Currently Copper is in SELL position The Copper is in downtrend For short term buy only if close above 449.0 The Copper is now trading is approaching oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 449.6 with a stop at 444.6 Below 443.6 go for sell and put stop at 448.6
Intraday Resistance of COPPER are 448.7 : 450.5 : 457.2 : 461.7 : 468 : 474.3 : 478.9 : 483.4
Intraday Support of COPPER are 444.5 : 442.7 : 436.1 : 431.8 : 425.7 : 419.7 : 415.5 : 411.2

 

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