Monday, August 15, 2011

COPPER TIPS ON MOBILE (16 aug)

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Overall trend of the Copper is bearish for medium-long term .Currently Copper is in strong downtrend 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 Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Copper is in SELL position

COPPER SUPPORT AND RESISTANCE :-

Immediate support for Copper is 385
Resistance for the Copper is 409-418-419-423-426

COPPER TIPS TODAY :-

Buy - 397, stoploss - 391, Target - 407

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