COPPER TREND FOR TODAY-23-May-2013

Copper is in perfect uptrend .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 with good volume points to a positive break out . 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 LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for the Copper is 414-405-404-403-396-394-. Immediate resistance for Copper is 422

Short term and Intraday Level of COPPER

Copper closed above 1 week high with volume signals up breakoutCurrently Copper is in HOLD LONG position Copper is in sideways and sellers was at high so for short term better buy above 421.2 or hold with stop at 400.2 The next resistance will be at 420.45 The Copper is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 421.2 with a stop at 414.3 Below 412.6 go for sell and put stop at 419.4
Intraday Resistance of COPPER are 422.4 : 427 : 430.5 : 436.6 : 442.7 : 447.1 : 451.5
Intraday Support of COPPER are 411.3 : 406.7 : 401.6 : 395.8 : 390 : 385.9 : 381.8

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