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MTECHTIPS MCX COPPER INTRADAY trading tips 13-10-2016

Wednesday, October 12, 2016 22:35
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MTECHTIPS MCX COPPER INTRADAY trading tips 13-10-2016

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MTECHTIPS MCX Copper is in long- medium- short-medium- term bull phase .Currently Copper is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Support for the Copper is 322-321-319-318-. Immediate resistance for Copper is 330

Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 323 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 326.1 with a stop at 322.6 Below 321.9 go for sell with stop at 325.4.

 

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