Tuesday 6 January 2015

CAPITAL STROKE UPDATE 07-JAN-2015: MCX COPPER

Trend updated for-Jan/07/2014.CMP-392 Overall trend of the Copper is bearish for medium-long term.Currently Copper is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Immediate support for Copper is 387.Resistance for the Copper is 401-404-405-409-412-415-

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