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 . Noting point is selling at lower levels seems decreasing. The
oscillator is showing SELL signal For short term Copper is in HOLD SHORT position.Positionally Immediate
support for Copper is 441.Resistance for the Copper is 455-456-458-460-
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 Copper
is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 446.3 with a stop at 441.9 Below 441 go for sell
Intraday Resistance of COPPER are 445.4 : 446.9 : 454.2 : 458.7 : 465 : 471.3 : 475.8 : 480.4
Intraday Support of COPPER are 441.9 : 440.4 : 433.2 : 428.9 : 422.8 : 416.9 : 412.6 : 408.4
Intraday Trend- Buy is advised above 446.3 with a stop at 441.9 Below 441 go for sell
Intraday Resistance of COPPER are 445.4 : 446.9 : 454.2 : 458.7 : 465 : 471.3 : 475.8 : 480.4
Intraday Support of COPPER are 441.9 : 440.4 : 433.2 : 428.9 : 422.8 : 416.9 : 412.6 : 408.4
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