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 . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Copper is 445-444-441-.Resistance for the Copper is 451-457-459-
Short term and Intraday Level of COPPER
Currently Copper is in SELL position Copper is in down trend so buy above 449.0 The sell will again come if below 443.6 The Copper is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 452.5 with a stop at 444 Below 441.8 go for sell
Intraday Resistance of COPPER are 449.3 : 451.1 : 457.7 : 462.2 : 468.5 : 474.8 : 479.4 : 483.9
Intraday Support of COPPER are 444.9 : 443.1 : 436.6 : 432.3 : 426.2 : 420.2 : 415.9 : 411.7
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