Wednesday 23 July 2014

CAPITAL STROKE UPDATE 24-July-2014 : MCX COPPER




COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-438 R1-434 S1-422 S2-416

The Copper is in long- medium- term bull phase .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 SELL signal For short term Copper is in SELL position.Positionally Support for the Copper is 416-413-412-.Resistance for the Copper is 430-434-

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