COPPER TREND FOR TODAY-21-Jun-2013

Copper is bearish for medium-long term .Currently Copper is in strong downtrend and the trend is supported with good volume 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 and closed below 3 week low with volume signals down breakout.Positionally Support for the Copper is 401-.Resistance for the Copper is 410-412-414-

Short term and Intraday Level of COPPER

Copper and closed below 1 week low with volume signals down breakoutCurrently Copper is in HOLD SHORT position Copper is moving sideways so short term investor better to buy only above 412.7 or hold with stop at 403.7 The Copper is now trading is approaching oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 409.2 with a stop at 402.1 Below 400.3 go for sell
Intraday Resistance of COPPER are 408.4 : 411.4 : 414.9 : 419.1 : 425.1 : 431.2 : 435.5 : 439.8
Intraday Support of COPPER are 401.1 : 398.1 : 394.8 : 390.6 : 384.9 : 379.2 : 375.1 : 371.1

To Get Free Tips:

Bullion Tips

Commodity Tips

Mcx Tips

9770670009, 0731-3299704