COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-428 R1-422 S1-412 S2-408
Overall trend of the Copper is bearish for medium-long term .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Copper Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 413-412-.Resistance for the Copper is 422-424-425-
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