MTECHTIPS MCX COPPER INTRADAY trading tips 22-11-2016
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 370-357-341-331-326-325-. Immediate resistance for Copper is 383
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 369 Very Short term investor please cautious on Copper as it is moving with low volatality The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 384.7 with a stop at 375 Below 372.2 go for sell with a stop at 381.9 .