Monday 30 December 2013

COPPER TREND FOR TODAY-30-Dec-2013

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 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 460-457-456-452-451-449-. 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 only above 473.5 with stop at 456.3 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 477.9 with a stop at 462.9 Below 458.5 go for sell
Intraday Resistance of COPPER are 469.6 : 470.8 : 479.1 : 483.6 : 490.1 : 496.6 : 501.2 : 505.9
Intraday Support of COPPER are 466.8 : 465.6 : 457.4 : 453 : 446.8 : 440.7 : 436.3 : 432

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