Monday 29 September 2014

CAPITAL STROKE UPDATE 30-September-2014 : MCX COPPER




COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-432 R1-426 S1-414 S2-408

Overall trend of the Copper is bearish for medium-long term .Currently Copper is in strong downtrend 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 410.Resistance for the Copper is 423-425-427-428-

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