MTECHTIPS MCX COPPER INTRADAY trading tips 15-11-2016
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. 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 The current position is BUY .Positionally Support for the Copper is 349-340-329-325-324-322-. Immediate resistance for Copper is 407
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 372 The Copper is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 397.3 with a stop at 368.4 Below 359.3 go for sell with a stop at 388.