Copper is bearish for medium-long term .Currently Copper is in strong uptrend but volume is unsatisfactory 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 Support for the Copper is 445-444-443-.Resistance for the Copper is 457-458-
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 449.0 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 450.5 with a stop at 445.9 Below 445 go for sell and put stop at 449.6
Intraday Resistance of COPPER are 449.5 : 451 : 458.4 : 462.9 : 469.2 : 475.5 : 480.1 : 484.6
Intraday Support of COPPER are 446 : 444.5 : 437.2 : 432.9 : 426.8 : 420.8 : 416.6 : 412.3
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