Sunday 20 January 2013

COPPER TREND FOR TODAY-21-JAN-2013


Copper is in long- term bull phase .Currently Copper is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Support for the Copper is 434-433-.Resistance for the Copper is 444-445-447-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper is in sideways so for short term better buy above 442.8 with stop at 435.3 The Copper is now trading is approaching oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 441.3 with a stop at 436.9 Below 436 go for sell and put stop at 440.4
Intraday Resistance of COPPER are 438.9/439.1/448.8/454.7/464.9/470.6/481.6/492.6
Intraday Support of COPPER are 438.4/438.2/428.7/422.9/413.2/407.8/397.8/387.9

To Get Free Tips:

9770670009,0731-3299704

0 comments :

Post a Comment