Monday 11 August 2014

CAPITAL STROKE UPDATE 12-August-2014 : MCX COPPER



COPPER: CONSOLIDATE STRATEGY BUY ON DIP R2-440 R1-434 S1-426 S2-422

The Copper is in long- medium- term bull phase .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 SELL signal For short term Copper is in HOLD SHORT position.Positionally Support for the Copper is 421-417-414-.Resistance for the Copper is 434-435-


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