Tuesday, 5 August 2014

CAPITAL STROKE UPDATE 6-August-2014 : MCX COPPER




COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-444 R1-438 S1-428 S2-424
The Copper is in long- medium- short-medium- short- term bull phase .Currently Copper is showing some up move after small correction and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 431-430-420-416-413-. Immediate resistance for Copper is 441

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