Sunday 1 December 2013

CRUDE OIL TREND FOR TODAY- 02-Dec-2013

Copper is bearish for medium-long term .Currently Copper is moving sideways The oscillator is showing BUY signal but has moved past its recent high and the positive trend is still continuing. The oscillator is showing BUY signal For short term Copper is in HOLD LONGposition.Positionally Support for the Copper is 448-445-442-440-.Resistance for the Copper is 456-461-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position Copper is in sideways and sellers was at high so for short term better buy above 456.4 or hold with stop at 440.75 The next resistance will be at 452.95 The Copper is now trading is approaching overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 456.4 with a stop at 447.6 Below 445.3 go for sell and put stop at 454.1
Intraday Resistance of COPPER are 453.7 : 456 : 461.5 : 466 : 472.3 : 478.7 : 483.3 : 487.8
Intraday Support of COPPER are 448 : 445.7 : 440.3 : 435.9 : 429.9 : 423.8 : 419.6 : 415.3

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