Tuesday 28 October 2014

CAPITAL STROKE UPDATE 28 October 2014 : MCX COPPER





COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-426 R1-422 S1-410 S2-404

Overall trend of the Copper is bearish for medium-long term .Currently Copper is moving sideways The oscillator is showing BUY signal but has moved past its recent high with good volume points to a positive break out . The oscillator is showing BUY signal For short term Copper is in HOLD LONG position and closed above 1 week high with volume signals up breakout.Positionally Support for the Copper is 413-411-410-.Resistance for the Copper is 421-423-426-

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