Copper is bearish for medium-long term .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 above462 or buy with strict stop at 427. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 439-.Resistance for the Copper is 447-449-453-455-461-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 445.0 The Copper is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 447.3 with a stop at 442.7 Below 441.7 go for sell and put stop at 446.3
Intraday Resistance of COPPER are 446.4 : 447.9 : 455.1 : 459.6 : 465.8 : 472.1 : 476.7 : 481.2
Intraday Support of COPPER are 442.6 : 441.1 : 434 : 429.7 : 423.7 : 417.7 : 413.4 : 409.2
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