Thursday 31 January 2013

COPPER TREND FOR TODAY-01-FEB-2013


Copper is in long- short- term bull phase .Currently Copper is moving sideways The oscillator is on BUY Signal and Copper is recovering from oversold level .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above450 or buy with strict stop at 432. The oscillator is on BUY Signal and Copper is recovering from oversold level For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 437-435-433-.Resistance for the Copper is 445-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 437 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 444.3 with a stop at 437.5 Below 435.8 go for sell with stop at 442.6
Intraday Resistance of COPPER are 443.3/445.9/451.5/457.4/467.7/473.4/484.3/495.4
Intraday Support of COPPER are 436.8/434.2/431.3/425.5/415.7/410.4/400.3/390.4
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