Copper news

Trend updated for-Apr/06/2013.CMP-406 Overall trend of the Copper is bearish for medium-long term .Currently Copper is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Copper is in SELL position.Positionally Immediate support for Copper is 394.Resistance for the Copper is 413-415-419-429-434-437-

Currently Copper is in HOLD SHORT position Copper is moving sideways so short term investor better to buy only above 410.95 or hold with stop at 401.45 The oscillator is showing BUY signal

Intraday Resistance of COPPER are 408.7/410.7/416.8/422.6/432.4/437.9/448.5/459.1
Intraday Support of COPPER are 403.8/401.8/397.5/391.9/382.5/377.4/367.7/358.2