MTECHTIPS MCX COPPER INTRADAY trading tips 18-11-2016
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 .. 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 362-351-336-329-325-324-. Immediate resistance for Copper is 407
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position Copper is showing some Up momentum So buy above 377.0 with stop at 363.2 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 378.6 with a stop at 369.4 Below 366.8 go for sell and put stop at 376
Intraday Resistance of COPPER are 377.8 : 382.1 : 386.5 : 392.3 : 398.1 : 402.2 : 406.4.