Wednesday 21 January 2015

CAPITAL STROKE UPDATE 22-JAN-2015 : MCX Copper

Trend updated for-Jan/22/2015.CMP-357 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 Copper is now trading in oversold level. The Copper is now trading in oversold level. The oscillator is showing BUY signal For short term Copper is in SELL position.Positionally Immediate support for Copper is 346.Resistance for the Copper is 364-374-387-398-404-409-

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