Wednesday, 5 June 2013

COPPER TREND FOR TODAY-05-Jun-2013

Copper is in perfect uptrend .Currently Copper is moving sideways The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing and upward momentum is also developing. The oscillator is showing BUY signal For short term Copper is in HOLD LONGposition.Positionally Support for the Copper is 411-410-409-406-403-397-. Immediate resistance for Copper is 423
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 413 Very Short term investor please cautious on Copper as it is moving with low volatality 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 424.6 with a stop at 418 Below 416.4 go for sell with a stop at 423
Intraday Resistance of COPPER are 423.8 : 426.5 : 430.8 : 435.1 : 441.3 : 447.4 : 451.8 : 456.3
Intraday Support of COPPER are 417.2 : 414.5 : 410.3 : 406.1 : 400.2 : 394.4 : 390.3 : 386.2

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