Sunday, 2 November 2014

CAPITAL STROKE UPDATE 3 November 2014: MCX COPPER




COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-426 R1-420 S1-410 S2-406

Overall trend of the Copper is bearish for medium-long term .Currently Copper is in strong uptrend with good momentum 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. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Copper is 413-412-.Resistance for the Copper is 421-424-425-

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