Sunday, 24 August 2014

CAPITAL STROKE UPDATE 25-August-2014 : MCX COPPER


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

The Copper is in long- medium- short- term bull phase .Currently Copper is in strong downtrend 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 Support for the Copper is 425-424-421-419-415-.Resistance for the Copper is 430-

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