Copper is bearish for medium-long term.Currently Copper
is showing some down move and trend is strong momentum is also showing strength
and supported with good volume The open interest is not increasing with trend .
Caution note selling at lower levels seems decreasing. The oscillator is showing
BUY signal For short term Copper is in SELL position.Positionally Immediate
support for Copper is 394.Resistance for the Copper is 418-420-424-432-437-439-
Short
term and Intraday Level of COPPER
Currently Copper is in SELL position Copper has formed a new 5
day low yesterday but failed to keep the trend so if selling has to considered
better below400.1 Buy if above 419.8 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 415.7 with a stop at 404.7 Below 400.1 go for sell
Intraday Resistance of COPPER are 414.9/419.5/427.3/431.9/437.4/447.9/458.5
Intraday Support of COPPER are 405.5/400.9/393.1/382/376.9/367.2/357.7
Intraday Trend- Buy is advised only above 415.7 with a stop at 404.7 Below 400.1 go for sell
Intraday Resistance of COPPER are 414.9/419.5/427.3/431.9/437.4/447.9/458.5
Intraday Support of COPPER are 405.5/400.9/393.1/382/376.9/367.2/357.7
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