Trend updated
for-Apr/01/2013.CMP-410 Overall trend of the Copper is bearish for
medium-long term.Currently Copper is showing some down move and trend
is strong momentum is also showing strength and supported with good
volume The open interest is not increasing with trend . Caution note
selling at lower levels seems decreasing. 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 418-420-424-432-437-439-
Currently Copper is in SELL position Copper
has formed a new 5 day low yesterday but failed to keep the trend so
if selling has to considered better below400.1 Buy if above 419.8 The
oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 415.7 with a stop at 404.7 Below 400.1 go for sell
Intraday Resistance of COPPER are
414.9/419.5/427.3/431.9/437.4/447.9/458.5
Intraday Support of COPPER are 405.5/400.9/393.1/382/376.9/367.2/357.7
Intraday Support of COPPER are 405.5/400.9/393.1/382/376.9/367.2/357.7
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