Copper is in perfect uptrend .Currently Copper is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Copper is now trading in overbought level. The Copper is now trading in overbought level. The oscillator is showing SELL signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 462-459-457-453-451-449-. Immediate resistance for Copper is 476
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 if close above 473.5 closing below 457.8 Sell will happen. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 472.4 with a stop at 466.2 Below 464.7 go for sell and put stop at 470.9
Intraday Resistance of COPPER are 471.4 : 473.8 : 479.4 : 484 : 490.4 : 496.9 : 501.6 : 506.3
Intraday Support of COPPER are 465.7 : 463.3 : 457.8 : 453.3 : 447.2 : 441 : 436.6 : 432.3
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