Copper is bearish for medium-long term .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 SELL position.Positionally Immediate support for Copper is 427.Resistance for the Copper is 448-450-454-455-463-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 439.0 The Copper is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 439.1 with a stop at 434.2 Below 433.2 go for sell and put stop at 438.1
Intraday Resistance of COPPER are 438.1 : 439.7 : 446.7 : 451.1 : 457.3 : 463.5 : 468 : 472.5
Intraday Support of COPPER are 434.2 : 432.6 : 425.8 : 421.5 : 415.5 : 409.6 : 405.4 : 401.2
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