Monday 22 September 2014

CAPITAL STROKE UPDATE 23-September-2014 : MCX COPPER



COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-424 R1-419 S1-410 S2-405

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 .. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Immediate support for Copper is 411.Resistance for the Copper is 423-425-426-429-


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