MTECHTIPS MCX COPPER INTRADAY trading tips 17-11-2016
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 358-347-333-328-325-323-. Immediate resistance for Copper is 407
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position Copper is in sideways so for short term better buy above 405.2 with stop at 363.2 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 379.6 with a stop at 364.9 Below 360.5 go for sell.