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 . In last few days volume based selling happened in the Copper. The oscillator
is showing SELL signal For short term Copper is in SELL position
and closed below 1 month low with volume signals down breakout.Positionally
Immediate support for Copper is 393.Resistance for the Copper is
405-407-409-410-411-413-
Short
term and Intraday Level of COPPER
Copper and closed below 1 week low with volume signals down
breakoutCurrently Copper is in SELL position
The Copper is in downtrend For short term buy only if close above 408.0 The
oscillator is showing BUY signal
Intraday Trend- Buy is advised above 408.9 with a stop at 396.3 Below 392.7 go for sell
Intraday Resistance of COPPER are 404.1 : 407.3 : 412.7 : 421.1 : 427.1 : 431.4 : 435.7
Intraday Support of COPPER are 397.5 : 394.3 : 388.9 : 381 : 375.4 : 371.3 : 367.3
Intraday Trend- Buy is advised above 408.9 with a stop at 396.3 Below 392.7 go for sell
Intraday Resistance of COPPER are 404.1 : 407.3 : 412.7 : 421.1 : 427.1 : 431.4 : 435.7
Intraday Support of COPPER are 397.5 : 394.3 : 388.9 : 381 : 375.4 : 371.3 : 367.3
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