Friday 26 April 2013

COPPER TREND FOR TODAY-27-April-2013


Copper is bearish for medium-long term .Currently Copper is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Support for the Copper is 378-.Resistance for the Copper is 391-398-412-422-428-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position Copper is moving sideways so short term investor better to buy only above 389.35 with stop at 366.8 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 388.1 with a stop at 378.9 Below 376.3 go for sell
Intraday Resistance of COPPER are 385.7/388.5/393.2/398.8/408.3/413.7/423.9/434.3
Intraday Support of COPPER are 378.7/375.9/369/359.9/354.9/345.6/336.3

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