Thursday 7 November 2013

COPPER TREND FOR TODAY-08-Nov-2013

Copper is in long- short-medium- short- term bull phase .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 SELL signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 449-448-447-.Resistance for the Copper is 460-462-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper is showing some Up momentum So buy above 452.0 with stop at 445.85 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 456.6 with a stop at 448.9 Below 446.9 go for sell and put stop at 454.6
Intraday Resistance of COPPER are 454.1 : 456.1 : 462.4 : 466.9 : 473.3 : 479.6 : 484.2 : 488.8
Intraday Support of COPPER are 449.4 : 447.4 : 441.2 : 436.8 : 430.7 : 424.7 : 420.4 : 416.2

 

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