Wednesday 15 October 2014

Mcx Copper Trend Today Outlook 16 oct 2014– By Gravita Research

CMP-422 Overall trend of the Copper is bearish for medium-long term .Currently Copper is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is on BUY Signal and Copper is recovering from oversold level For short term Copper is in HOLD SHORT position and closed above 1 week high with volume signals up breakout.Positionally Support for the Copper is 417-414-413-.Resistance for the Copper is 428- For More Detail Visit Our Site -- http://www.gravitaresearch.com/includes/commodities-tips.php

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