Tuesday 29 October 2013

COPPER TREND FOR TODAY-30-Oct-2013

Copper is in long- term bull phase .Currently Copper is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less Buy the Copper above 462 or buy with strict stop at 438. The oscillator is showing SELL signal For short term Copper is in HOLD SHORTposition.Positionally Support for the Copper is 444-.Resistance for the Copper is 451-455-458-466-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper is showing some Up momentum So buy above 449.0 with stop at 443.1 The Copper is now trading is approaching oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 451.5 with a stop at 445 Below 443.5 go for sell and put stop at 450
Intraday Resistance of COPPER are 450.6 : 453.2 : 458.1 : 462.6 : 468.9 : 475.2 : 479.8 : 484.4
Intraday Support of COPPER are 444.4 : 441.8 : 437 : 432.6 : 426.6 : 420.6 : 416.3 : 412.1

 

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