Thursday 27 June 2013

COPPER TREND FOR TODAY-27-Jun-2013

Copper is in long- medium- short- term bull phase .Currently Copper is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Copper is in HOLD SHORT position.Positionally Support for the Copper is 406-405-404-400-.Resistance for the Copper is 413-
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 416.2 or hold with stop at 393.3 The next resistance will be at 410.35 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 416.2 with a stop at 404.6 Below 401.3 go for sell and put stop at 412.9
Intraday Resistance of COPPER are 412.1 : 415.4 : 420.9 : 429.2 : 435.3 : 439.6 : 444
Intraday Support of COPPER are 405.4 : 402.1 : 396.6 : 388.8 : 383.1 : 379 : 374.9

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