Tuesday, 26 March 2013

Copper trend 26/03/2013

Trend updated for-Mar/26/2013.CMP-417 Overall trend of the Copper is bearish for medium-long term .Currently Copper is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Copper above 432 or buy with strict stop at 410. The oscillator is showing BUY signal For short term Copper is in SELL position.Positionally Immediate support for Copper is 410.Resistance for the Copper is 421-423-426-434-438-439-
Currently Copper is in HOLD LONG position Copper is in profit booking mode so either sell of or keep stop at416 so better sell and enter at lower level The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 420.6 with a stop at 414.9 Below 413.6 go for sell
Intraday Resistance of COPPER are 419.3/421.1/427.1/432.9/442.8/448.4/459.1/469.8
Intraday Support of COPPER are 414.9/413.1/407.5/401.8/392.3/387.1/377.3/367.7

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