Monday, 17 February 2014

COPPER TREND FOR TODAY- 18-Feb-2014

Copper is bearish for medium-long term .Currently Copper is moving sideways The Copper is now trading in oversold level. The Copper is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above461 or buy with strict stop at 439. The Copper is now trading in oversold level. The Copper is now trading in oversold level. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 444-442-.Resistance for the Copper is 452-454-455-458-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 445 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 451.2 with a stop at 445.4 Below 444.1 go for sell with a stop at 449.8
Intraday Resistance of COPPER are 449.6 : 451.3 : 458.2 : 462.7 : 469 : 475.3 : 479.9 : 484.5
Intraday Support of COPPER are 445.6 : 443.9 : 437.1 : 432.7 : 426.7 : 420.7 : 416.4 : 412.2
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