Market Update

Market Watch

Saturday 15 December 2012

Aluminium and Copper Trends for 15 Dec 2012



ALUMINIUM
Trend updated for-Dec/15/2012.CMP-115 The Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Aluminium is now trading in overbought level. For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 114-111-108-. Immediate resistance for Aluminium is 11

COPPER
Trend updated for-Dec/15/2012.CMP-446 The Copper is in perfect uptrend .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Copper is now trading in overbought level. The Copper is now trading in overbought level. The oscillator is showing SELL signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 443-441-435-432-431-428-. Immediate resistance for Copper is 452

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