Trend updated for-Mar/28/2014.CMP-401 Overall trend of the Copper is bearish for medium-long term.Currently Copper is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Copper is now trading in highly oversold level. The Copper is now trading in highly oversold level. The oscillator is showing BUY signal For short term Copper is in HOLD SHORT position.Positionally Immediate support for Copper is 390.Resistance for the Copper is 406-421-436-446
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