Copper is in perfect uptrend .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 SELL signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 461-458-457-453-451-449-. Immediate resistance for Copper is 476
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position Copper is moving sideways so short term investor better to buy only above 473.5 with stop at 456.3 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 469.5 with a stop at 464.6 Below 463.7 go for sell
Intraday Resistance of COPPER are 468.5 : 470.2 : 477.4 : 482 : 488.4 : 494.9 : 499.5 : 504.2
Intraday Support of COPPER are 464.6 : 462.9 : 455.8 : 451.4 : 445.2 : 439.1 : 434.7 : 430.4
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