Monday, 28 October 2013

COPPER TREND FOR TODAY-28-Oct-2013

Copper is in long- term bull phase .Currently Copper is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Copper if it close above462 or buy with strict stop at 438. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 443-.Resistance for the Copper is 452-456-457-467-

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below442.5 Buy if above 457.25 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 450.3 with a stop at 444 Below 442.5 go for sell
Intraday Resistance of COPPER are 449.4 : 451.8 : 457 : 461.5 : 467.8 : 474.1 : 478.7 : 483.2
Intraday Support of COPPER are 443.4 : 441 : 435.9 : 431.6 : 425.5 : 419.5 : 415.3 : 411

 

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