Copper is in long- medium- term bull phase .Currently Copper is in
strong downtrend with good momentum but volume is unsatisfactory The open
interest is not increasing with trend . In last few days volume based selling
happened in the Copper Noting point is selling at lower levels seems
decreasing. The Copper is now trading in overbought level. The Copper is now
trading in overbought level. The oscillator is showing SELL signal For short
term Copper is inSELL position and closed below 3 week
low with volume signals down breakout.Positionally Support for the Copper is
448-436-429-.Resistance for the Copper is 478-481-484-
Short
term and Intraday Level of COPPER
Copper and closed below 1 week low with volume
signals down breakoutCurrently 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 below452.6 Buy if above 482.3
The Copper is now trading in highly oversold level. The oscillator is showing BUY
signal
Intraday Trend- Buy is advised above 465.9 with a stop at 455.5 Below 452.6 go for sell
Intraday Resistance of COPPER are 465 : 469.7 : 474.5 : 480.9 : 487.3 : 492 : 496.6
Intraday Support of COPPER are 453.5 : 448.8 : 444.2 : 438.1 : 432 : 427.7 : 423.4
Intraday Trend- Buy is advised above 465.9 with a stop at 455.5 Below 452.6 go for sell
Intraday Resistance of COPPER are 465 : 469.7 : 474.5 : 480.9 : 487.3 : 492 : 496.6
Intraday Support of COPPER are 453.5 : 448.8 : 444.2 : 438.1 : 432 : 427.7 : 423.4
To Get Free Tips:
0 comments :
Post a Comment