Copper news

Trend updated for-Mar/21/2013.CMP-104 Overall trend of the Zinc is bearish for medium-long term .Currently Zinc is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Zinc is now trading in oversold level. The Zinc is now trading in oversold level. The oscillator is showing SELL signal For short term Zinc is in SELL position.Positionally Immediate support for Zinc is 102.Resistance for the Zinc is 105-106-109-111-112-

Currently Zinc is in HOLD SHORT position Zinc is showing some Up momentum So buy above 104.0 with stop at 102.45 The Zinc is now trading in highly oversold level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 105.3 with a stop at 103.1 Below 102.6 go for sell and put stop at 104.7
Intraday Resistance of ZINC are 104.3/104.7/108.9/111.8/116.9/119.8/125.3/131
Intraday Support of ZINC are 103.5/103.1/99.1/96.3/91.7/89.2/84.5/80