Friday 28 June 2013

COPPER TREND FOR TODAY-29-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 .. The oscillator is showing BUY signal For short term Copper is in HOLD SHORT position.Positionally Support for the Copper is 404-400-.Resistance for the Copper is 412-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position Copper is moving sideways so short term investor better to buy only above 410.6 with stop at 393.3 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 411.8 with a stop at 404.6 Below 402.7 go for sell
Intraday Resistance of COPPER are 410.5 : 413.1 : 417.4 : 421.7 : 427.7 : 433.7 : 438.1 : 442.4
Intraday Support of COPPER are 404 : 401.4 : 397.2 : 393.1 : 387.3 : 381.6 : 377.5 : 373.5

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