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MTECHTIPS MCX COPPER INTRADAY trading tips 02-11-2016

Tuesday, November 1, 2016 21:56
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MTECHTIPS MCX COPPER INTRADAY trading tips 02-11-2016

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MTECHTIPS MCX 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 . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for the Copper is 320-319-318-316-. Immediate resistance for Copper is 331

Short term and Intraday Level of COPPER

Copper closed above 1 week high with volume signals up breakoutCurrently Copper is in BUY position In short term Copper is in strong up trend so hold with stop at 325 The Copper is now trading in highly overbought level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 332.6 with a stop at 327.4 Below 326.2 go for sell with a stop at 331.3

WWW.MTECHTIPS.COM

07489294118-119

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