COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-428 R1-422 S1-412 S2-406
Overall trend of the Copper is bearish for medium-long term .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 . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Immediate support for Copper is 414.Resistance for the Copper is 422-426-431-433-
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