Tuesday, 18 February 2014

COPPER TREND FOR TODAY- 19-Feb-2014

Copper is bearish for medium-long term .Currently Copper is moving sideways The oscillator is on BUY Signal and Copper is recovering from oversold level but has moved past its recent high and the positive trend is still continuing. The oscillator is on BUY Signal and Copper is recovering from oversold level For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 448-444-443-.Resistance for the Copper is 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 446 The Copper is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 454.7 with a stop at 449 Below 447.7 go for sell with a stop at 453.4
Intraday Resistance of COPPER are 453.8 : 455.9 : 461.9 : 466.4 : 472.7 : 479.1 : 483.6 : 488.2
Intraday Support of COPPER are 448.6 : 446.5 : 440.6 : 436.3 : 430.2 : 424.2 : 419.9 : 415.6

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