Wednesday, 12 June 2013

COPPER TREND FOR TODAY-13-Jun-2013

Copper is in long- medium- short-medium- term bull phase .Currently Copper is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Copper above 429 or buy with strict stop at 403. The oscillator is showing SELL signal For short term Copper is inHOLD SHORT position.Positionally Support for the Copper is 409-402-398-.Resistance for the Copper is 416-418-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position Copper is in sideways and sellers was at high so for short term better buy above 415.9 or hold with stop at 408.3 The next resistance will be at 421.45 The Copper is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 415.9 with a stop at 409 Below 407.2 go for sell and put stop at 414.1
Intraday Resistance of COPPER are 415.1 : 418 : 421.8 : 426 : 432.1 : 438.2 : 442.5 : 446.9
Intraday Support of COPPER are 408 : 405.1 : 401.5 : 397.3 : 391.5 : 385.8 : 381.7 : 377.

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