Copper is bearish for medium-long term .Currently Copper is in strong
downtrend with good momentum but volume is unsatisfactory The open interest is
not increasing with trend . Noting point is 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 401-399-.Resistance for the Copper is 414-415-
Short term
and Intraday Level of COPPER
Currently
Copper is in SELL position Copper is in sideways so for short term
better buy above 417.25 with stop at 405.35 The Copper is now trading is
approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 413.1 with a stop at 407.2 Below 405.9 go for sell and put stop at 411.7
Intraday Resistance of COPPER are 412.2 : 414.5 : 419.6 : 423.9 : 429.9 : 436 : 440.4 : 444.7
Intraday Support of COPPER are 406.7 : 404.4 : 399.4 : 395.2 : 389.5 : 383.7 : 379.7 : 375.6
Intraday Trend- Buy is advised only above 413.1 with a stop at 407.2 Below 405.9 go for sell and put stop at 411.7
Intraday Resistance of COPPER are 412.2 : 414.5 : 419.6 : 423.9 : 429.9 : 436 : 440.4 : 444.7
Intraday Support of COPPER are 406.7 : 404.4 : 399.4 : 395.2 : 389.5 : 383.7 : 379.7 : 375.6
To Get Free Tips:
9770670009, 0731-3299704
0 comments :
Post a Comment