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Thursday, 14 March 2013

Copper Outlook for Today,MCX Copper Trend for - 14-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 433-438-440-441-


Short term and Intraday Level of COPPER


Currently Copper is in HOLD LONG position Copper is moving sideways so short term investor better to buy only above 430.15 or hold with stop at 421.65 The oscillator is showing BUY signal


Intraday Trend-
 Buy is advised above 430.8 with a stop at 425.7 Below 424.6 go for sell
Intraday Resistance of COPPER are 429.4/430.8/438.1/444/454.1/459.7/470.5/481.4
Intraday Support of COPPER are 426/424.6/418.3/412.6/402.9/397.7/387.8/378




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