Sunday 24 November 2013

COPPER TREND FOR TODAY-25-Nov-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 SELL signal For short term Copper is in SELL position.Positionally Immediate support for Copper is 427.Resistance for the Copper is 448-450-454-462-

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 446.35 with stop at 428.85 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 447 with a stop at 442.1 Below 441.1 go for sell
Intraday Resistance of COPPER are 446.1 : 447.8 : 454.6 : 459.1 : 465.4 : 471.7 : 476.2 : 480.8
Intraday Support of COPPER are 442 : 440.3 : 433.6 : 429.3 : 423.2 : 417.2 : 413 : 408.8

 

 

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