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MTECHTIPS MCX COPPER INTRADAY trading tips 07-11-2016

Sunday, November 6, 2016 22:13
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MTECHTIPS MCX COPPER INTRADAY trading tips 07-11-2016

MTECHTIPS 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 . In last few days lot of positive accumulation happened in the Copper Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Copper is 325-321-320-319-. Immediate resistance for Copper is 336

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 328 The Copper is now trading in highly overbought level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 337.7 with a stop at 332.6 Below 331.3 go for sell with a stop at 336.4





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