Currently Copper is in HOLD LONG position Copper is in profit booking mode so better sell and enter at lower level The oscillator is showing BUY signal.
Currently Copper is moving sideways The oscillator is showing BUY signal. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position. Overall trend of the Copper is bearish for medium-long term but for intraday trading it may trade in consolidate to positive. Currently Copper is moving sideways The oscillator is showing BUY signal.
Crude oil is traded in a consolidate manner in NYMEX, the price is around 90 dollars a barrel. Light crude oil with a decline in the domestic market on Thursday closed at Rs 5081. Overall trend of the Crudeoil is bearish for medium-long term. Currently Crudeoil is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend. Crude is good to buy at around Rs 5060 per barrel levels with a stop loss to be placed at Rs 5030 per barrel levels for the upside target of Rs 5,120 per barrel and above that Rs 5,240 per barrel levels in next one or two days.
