Copper is
bearish for medium-long term .Currently Copper is in strong downtrend with good
momentum and the trend is supported with good volume The open interest is not
increasing with trend .. The oscillator is showing BUY signal For short term
Copper is in SELL position and Copper closed below 1 week low with volume
signals down breakout.Positionally Support for the Copper is 451-.Resistance
for the Copper is 457-459-461-464-
Short term and Intraday Level of
COPPER
Copper
and closed below 1 week low with volume signals down breakoutCurrently Copper
is in HOLD SHORT position Copper is moving sideways
so short term investor better to buy only above 462.0 or hold with stop at
451.9 The Copper is now trading in highly oversold level. The oscillator is
showing BUY signal
Intraday Trend- Buy is advised above 458.3 with a stop at 451.1 Below 449.3 go for sell
Intraday Resistance of COPPER are 457.4 : 460.3 : 464.5 : 469 : 475.4 : 481.7 : 486.3 : 490.9
Intraday Support of COPPER are 450.2 : 447.3 : 443.2 : 438.8 : 432.7 : 426.7 : 422.4 : 418.1
Intraday Trend- Buy is advised above 458.3 with a stop at 451.1 Below 449.3 go for sell
Intraday Resistance of COPPER are 457.4 : 460.3 : 464.5 : 469 : 475.4 : 481.7 : 486.3 : 490.9
Intraday Support of COPPER are 450.2 : 447.3 : 443.2 : 438.8 : 432.7 : 426.7 : 422.4 : 418.1
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