Thursday 11 April 2013

COPPER TREND FOR TODAY-12-April-2013

23:25   , , , , ,   45 comments


Copper is bearish for medium-long term .Currently Copper is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above422 or buy with strict stop at 394. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 409-407-.Resistance for the Copper is 416-425-431-435-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position Copper is in profit booking mode so either sell of or keep stop at409 so better sell and enter at lower level The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 416.9 with a stop at 409 Below 406.9 go for sell
Intraday Resistance of COPPER are 414.8/417.2/420.9/426.7/436.6/442.1/452.7/463.4
Intraday Support of COPPER are 409/406.6/401.5/395.9/386.5/381.3/371.6/362

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