COPPER TREND FOR TODAY-01-Jun-2013

Copper is bearish for medium-long term .Currently Copper is moving sideways The oscillator is on SELL signal and Copper is coming down from overbought level .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 391. The oscillator is on SELL signal and Copper is coming down from overbought level For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 409-406-404-403-396-. Immediate resistance for Copper is 422

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 416.15 with stop at 404.55 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 420 with a stop at 409.2 Below 406.1 go for sell
Intraday Resistance of COPPER are 415.6 : 417.7 : 423.3 : 427.6 : 433.6 : 439.7 : 444.1 : 448.5
Intraday Support of COPPER are 410.5 : 408.4 : 403 : 398.8 : 393 : 387.2 : 383.1 : 379.1

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