Trend updated
for-Apr/04/2013.CMP-403 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 . In last few days volume based
selling happened in the Copper. 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
415-416-421-430-435-437-
Currently Copper is in HOLD SHORT position
Copper is moving sideways with low volatality so short term investor
better to buy if close above 418.4 close below 396.5 Sell will
happen. The oscillator is showing BUY signal
Intraday Trend-Intraday better to buy above
421 and Sell if below385.8
Intraday Resistance of COPPER are 406.4/409/414.8/420.5/430.3/435.8/446.3/456.9
Intraday Support of COPPER are 400.3/397.7/395.4/389.9/380.6/375.4/365.8/356.3
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