Tuesday 22 October 2013

COPPER TREND FOR TODAY-22-Oct-2013

Copper is in long- term bull phase .Currently Copper is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above473 or buy with strict stop at 438. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 448-441-.Resistance for the Copper is 456-458-469-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper is showing some Up momentum So buy above 453.0 with stop at 446.2 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 457.5 with a stop at 450.5 Below 448.8 go for sell and put stop at 455.8
Intraday Resistance of COPPER are 455 : 456.5 : 463.9 : 468.3 : 474.7 : 481.1 : 485.6 : 490.2
Intraday Support of COPPER are 451.3 : 449.8 : 442.6 : 438.2 : 432.1 : 426.1 : 421.8 : 417.5

 

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