Monday 1 April 2013

COPPER TREND FOR TODAY-02-April-2013


Copper is bearish for medium-long term .Currently Copper is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Copper is in SELLposition.Positionally Immediate support for Copper is 394.Resistance for the Copper is 418-419-423-432-436-438-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 414.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 418.1 with a stop at 402.6 Below 397.9 go for sell
Intraday Resistance of COPPER are 410.9/413.2/417.5/423.3/433.1/438.6/449.2/459.8
Intraday Support of COPPER are 405.1/402.8/398.1/392.6/383.2/378/368.4/358.8

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