Monday 9 December 2013

COPPER TREND FOR TODAY-10-Dec-2013

Copper is bearish for medium-long term .Currently Copper is in strong uptrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Copper is 442-.Resistance for the Copper is 448-451-458-

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 451.8 closing below 443.6 Sell will happen. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 448.1 with a stop at 444.2 Below 443.5 go for sell and put stop at 447.4
Intraday Resistance of COPPER are 447.2 : 448.3 : 456.4 : 460.9 : 467.2 : 473.5 : 478 : 482.6
Intraday Support of COPPER are 444.4 : 443.3 : 435.3 : 431 : 424.9 : 418.9 : 414.7 : 410.5

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1 comments :

  1. Today's Best Commodity Tips
    BUY COPPER (FEB.) (10 LOTS) ABOVE 449.00 TG- 451.00/454.00/458.00 SL-446.00. nifty options trading strategies

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