Tuesday 26 November 2013

COPPER TREND FOR TODAY-27-Nov-2013

Copper is bearish for medium-long term .Currently Copper is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Copper above 462 or buy with strict stop at 427. The oscillator is showing BUY signal For short term Copper is in SELLposition.Positionally Support for the Copper is 439-.Resistance for the Copper is 447-449-454-455-462-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position Copper is in profit booking mode so hold with stop at 442 The Copper is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 445.7 with a stop at 441.6 Below 440.8 go for sell and put stop at 444.9
Intraday Resistance of COPPER are 444.8 : 446.2 : 453.8 : 458.3 : 464.6 : 470.9 : 475.4 : 479.9
Intraday Support of COPPER are 441.7 : 440.3 : 432.8 : 428.5 : 422.4 : 416.5 : 412.2 : 408

 

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