Trend updated
for-Mar/22/2013.CMP-416 Overall trend of the Copper is bearish for
medium-long term .Currently Copper is in strong downtrend but volume
is unsatisfactory The open interest is not increasing with trend ..
The oscillator is showing SELL signal For short term Copper is in
HOLD SHORT position.Positionally Immediate support for Copper
is 410.Resistance for the Copper is 423-425-426-435-439-440
Currently Copper is in HOLD LONG position
Copper is in down trend so buy above 418.0 The sell will again come
if below 411.85 The Copper is now trading in highly oversold level.
The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 420.3 with a stop at 413.9 Below 412.3 go for sell
Intraday Resistance of COPPER are 419.5/422.2/426.6/432.4/442.4/448/458.6/469.4
Intraday Support of COPPER are 413.1/410.4/407/401.4/391.9/386.7/377/367.3
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