Tuesday 2 July 2013

COPPER TREND FOR TODAY-03-July-2013

Copper is in perfect uptrend .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 409-407-406-404-400-. Immediate resistance for Copper is 422
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 408 The Copper is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 426.5 with a stop at 411.9 Below 407.7 go for sell with a stop at 422.2
Intraday Resistance of COPPER are 419.7 : 421.9 : 427.3 : 431.6 : 437.7 : 443.8 : 448.2 : 452.7
Intraday Support of COPPER are 414.4 : 412.2 : 406.9 : 402.7 : 396.9 : 391.1 : 387 : 382.9

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1 comments :

  1. CS GOLD (AUG) OVERVIEW:
    TREND CONSOLIDATE
    SUP1:26110,
    SUP2:25960,
    RESIST1: 26490,
    RESIST2: 26732,
    TRADING STRATEGY: BUY ON DIPS.
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