CAPITAL STROKE UPDATE 15-JAN-2015 : MCX Copper

Trend updated for-Jan/15/2014.CMP-346 Overall trend of the Copper is bearish for medium-long term Currently Copper is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Copper. The Copper is now trading in oversold level. The Copper is now trading in oversold level. The oscillator is showing SELL signal For short term Copper is in SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Copper is 340.Resistance for the Copper is 385-391-398-404-408-412-

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