Friday 27 September 2013

COPPER TREND FOR TODAY-27-Sep-2013

Copper is in long- term bull phase .Currently Copper is moving sideways The Copper is now trading in oversold level. The Copper is now trading in oversold level. 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 above484 or buy with strict stop at 449. The Copper is now trading in oversold level. The Copper is now trading in oversold level. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 444-435-.Resistance for the Copper is 462-463-464-474-
Short term and Intraday Level of COPPER
Currently Copper is in SELL position The Copper is in downtrend For short term buy only if close above 462.0 The Copper is now trading in highly oversold level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 462.6 with a stop at 455.7 Below 454 go for sell and put stop at 460.9
Intraday Resistance of COPPER are 461.7 : 464.5 : 469.1 : 473.6 : 480 : 486.4 : 491 : 495.6
Intraday Support of COPPER are 454.9 : 452.1 : 447.7 : 443.3 : 437.1 : 431.1 : 426.8 : 422.5

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