Thursday, 9 January 2014

COPPER TREND FOR TODAY-09-Jan-2014

Copper is in long- medium- short-medium- 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 above476 or buy with strict stop at 454. The oscillator is showing SELL signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 459-457-452-451-.Resistance for the Copper is 467-469-
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 468.0 The Copper is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 466.6 with a stop at 460.8 Below 459.5 go for sell
Intraday Resistance of COPPER are 465.7 : 467.9 : 473.9 : 478.4 : 484.8 : 491.3 : 495.9 : 500.5
Intraday Support of COPPER are 460.4 : 458.2 : 452.4 : 447.9 : 441.8 : 435.7 : 431.3 : 427

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