Copper is bearish for medium-long term .Currently Copper is in strong
uptrend and the trend is supported with good volume The open interest is not
increasing with trend . Cautious point is buying at higer levels seems
decreasing. 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.Positionally
Support for the Copper is 405-404-396-.Resistance for the Copper is 417-
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 420.45 with stop at 400.2 The Copper is now
trading is approaching overbought level. The oscillator is on SELL signal and
Copper is coming down from overbought level
Intraday Trend- Buy is advised above 416.3 with a stop at 404.1 Below 400.6 go for sell
Intraday Resistance of COPPER are 411.8 : 415.2 : 420.8 : 428.9 : 435 : 439.3 : 443.7
Intraday Support of COPPER are 405.1 : 401.7 : 396.1 : 388.5 : 382.8 : 378.7 : 374.7
Intraday Trend- Buy is advised above 416.3 with a stop at 404.1 Below 400.6 go for sell
Intraday Resistance of COPPER are 411.8 : 415.2 : 420.8 : 428.9 : 435 : 439.3 : 443.7
Intraday Support of COPPER are 405.1 : 401.7 : 396.1 : 388.5 : 382.8 : 378.7 : 374.7
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