Copper is bearish for medium-long term .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Immediate support for Copper is 441.Resistance for the Copper is 451-452-461-
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 453.0 The Copper is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 453.3 with a stop at 445.6 Below 443.7 go for sell
Intraday Resistance of COPPER are 452.4 : 455.7 : 459.2 : 463.6 : 469.9 : 476.3 : 480.8 : 485.4
Intraday Support of COPPER are 444.6 : 441.3 : 433.6 : 427.6 : 421.6 : 417.3 : 413.1
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