Wednesday 4 March 2015

CAPITAL STROKE UPDATE 5-MARCH-2015: MCX Copper

Trend updated for-Mar/05/2015.CMP-370 Overall trend of the Copper is bearish for medium-long term 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 BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 365-362-357-.Resistance for the Copper is 381-390

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