Thursday 11 July 2013

COPPER TREND FOR TODAY-12-July-2013

Copper is in perfect uptrend .Currently Copper is moving sideways The oscillator is showing BUY signal but has moved past its recent high with good volume points to a positive break out . The oscillator is showing BUY signal For short term The current position is BUY and closed above 1 week high with volume signals up breakout.Positionally Support for the Copper is 416-412-409-404-401-. Immediate resistance for Copper is 427
Short term and Intraday Level of COPPER
Copper closed above 1 week high with volume signals up breakoutCurrently Copper is in HOLD SHORT position Copper is in sideways and sellers was at high so for short term better buy above 431.3 or hold with stop at 405.0 The next resistance will be at 425.25 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 431.3 with a stop at 418.5 Below 414.8 go for sell and put stop at 427.6
Intraday Resistance of COPPER are 426.6 : 430.2 : 436.1 : 443.9 : 450 : 454.5 : 458.9
Intraday Support of COPPER are 419.5 : 415.9 : 410 : 402.7 : 396.9 : 392.8 : 388.6

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