Monday, 20 May 2013

COPPER TREND FOR TODAY-21-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 but has moved past its recent high. 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 405-403-400-397-391-.Resistance for the Copper is 418-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 402 Very Short term investor please cautious on Copper as it is moving with low volatality The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 413.2 with a stop at 406.5 Below 404.8 go for sell with a stop at 411.5
Intraday Resistance of COPPER are 415 : 419.9 : 427.1 : 433.2 : 437.5 : 441.9
Intraday Support of COPPER are 403 : 398.1 : 392.5 : 386.8 : 381.1 : 377 : 373

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