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Wednesday, 13 March 2013

Copper Outlook for Today,MCX Copper Trend for - 13-Mar-2013








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 and fresh Buy can be considered in the Copper if it close above436 or buy with strict stop at 418. The oscillator is showing BUY signal For short term Copper is in HOLD SHORT position.Positionally Support for the Copper is 425-.Resistance for the Copper is 434-439-440-441-


Short term and Intraday Level of COPPER


Currently Copper is in HOLD SHORT position Copper is in sideways and sellers was at high so for short term better buy above 431.5 or hold with stop at 421.65 The next resistance will be at 430.15 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 431.5 with a stop at 426.3 Below 425.2 go for sell and put stop at 430.3
Intraday Resistance of COPPER are 431.8/434.7/437.4/443.3/453.4/459/469.8/480.7
Intraday Support of COPPER are 424.8/421.9/417.6/411.8/402.2/397/387.1/377.3



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