Copper is bearish for medium-long term.Currently Copper is showing some
down move and trend is strong momentum is also showing strength and supported
with good volume The open interest is not increasing with trend . Caution note
selling at lower levels seems decreasing. The oscillator is showing SELL signal
For short term Copper is in SELL position.Positionally
Support for the Copper is 402-398-.Resistance for the Copper is
412-413-416-417-
Short
term and Intraday Level of COPPER
Currently
Copper is in HOLD
SHORT position
Copper is moving sideways so short term investor better to buy only above
421.45 or hold with stop at 406.2 The Copper is now trading in highly oversold
level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 415.2 with a stop at 404.5 Below 401.5 go for sell
Intraday Resistance of COPPER are 414.4 : 419.5 : 422.8 : 428.8 : 434.9 : 439.2 : 443.6
Intraday Support of COPPER are 402.3 : 397.2 : 388.4 : 382.7 : 378.6 : 374.6
Intraday Trend- Buy is advised above 415.2 with a stop at 404.5 Below 401.5 go for sell
Intraday Resistance of COPPER are 414.4 : 419.5 : 422.8 : 428.8 : 434.9 : 439.2 : 443.6
Intraday Support of COPPER are 402.3 : 397.2 : 388.4 : 382.7 : 378.6 : 374.6
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