Sunday 10 March 2013

COPPER TREND FOR TODAY-11-March-2013


Copper is bearish for medium-long term .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 above436 or buy with strict stop at 418. The oscillator is on BUY Signal and Copper is recovering from oversold level For short term Copper is in HOLD LONG position.Positionally Immediate support for Copper is 418.Resistance for the Copper is 429-430-435-439-440-442-

Short term and Intraday Level of COPPER

Currently Copper is in SELL position The Copper is in downtrend For short term buy only if close above 427.0 The Copper is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 428.4 with a stop at 423.3 Below 422.1 go for sell and put stop at 427.2
Intraday Resistance of COPPER are 425.5/425.7/435.2/441/451.1/456.7/467.5/478.3
Intraday Support of COPPER are 425/424.8/415.4/409.7/400.1/394.8/385/375.2

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