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
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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Nice content post, you have shared for day to day trading. keep posting on commodity tips and MCX Trading tips as well.
ReplyDeleteThank You So Much