Copper is in perfect uptrend .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 BUY signal For short term The current position isBUY .Positionally Support for the Copper is 455-452-450-448-447-445-. Immediate resistance for Copper is 464
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 456 The Copper is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 464.8 with a stop at 458.1 Below 456.4 go for sell with stop at 463.2
Intraday Resistance of COPPER are 462.5 : 464.1 : 471.4 : 475.9 : 482.3 : 488.7 : 493.4 : 498
Intraday Support of COPPER are 458.7 : 457.1 : 449.9 : 445.5 : 439.4 : 433.3 : 429 : 424.7
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COPPER (28 FEB.) TREND: CONSOLIDATE
ReplyDeleteRES 1: 462.50
RES 2: 466
SUPP 1: 455
SUPP 2: 452
STRATEGY: SELL ON HIGH best option tips provider