Friday 12 April 2013

COPPER TREND FOR TODAY-13-April-2013


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 Immediate support for Copper is 394.Resistance for the Copper is 410-412-415-425-431-435-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position Copper has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below399.8 Buy if above 415.5 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 409.5 with a stop at 401.8 Below 399.8 go for sell
Intraday Resistance of COPPER are 407.7/410.7/415.7/422.6/432.5/438/448.5/459.1
Intraday Support of COPPER are 401.6/398.6/393.6/382.6/377.4/367.8/358.3

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