Monday 20 May 2013

COPPER TREND FOR TODAY-20-May-2013


Copper is bearish for medium-long term .Currently Copper is moving sideways The Copper is now trading in overbought level. The Copper is now trading in overbought level. The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Copper above 414 or buy with strict stop at 366. The Copper is now trading in overbought level. The Copper is now trading in overbought level. The oscillator is showing SELL signal For short term Copper is in HOLD SHORT position.Positionally Support for the Copper is 402-398-397-390-.Resistance for the Copper is 410-418-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position Copper is moving sideways with low volatality so short term investor better to buy if close above 407.8 close below 392.6 sell will happen. The oscillator is showing BUY signal 
Intraday Trend-Intraday better to buy above 412.6 and Sell if below398.6
Intraday Resistance of COPPER are 406.1 : 406.5 : 415.6 : 419.9 : 425.9 : 431.9 : 436.3 : 440.6
Intraday Support of COPPER are 405.1 : 404.7 : 395.5 : 391.4 : 385.6 : 379.9 : 375.9 : 371.8

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