MTECHTIPS MCX COPPER INTRADAY trading tips 24-11-2016
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 oscillator is showing SELL signal For short term Copper is in HOLD LONG position and closed above 1 week high with volume signals up breakout.Positionally Support for the Copper is 376-365-347-334-327-. Immediate resistance for Copper is 400
Short term and Intraday Level of COPPER
Copper closed above 1 week high with volume signals up breakoutCurrently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 378 The oscillator is showing BUY signal
Intraday Trend- is in intraday buy level better buy above 401.2 or in low buy above 390.5 Target is 405.9 next 413.5 Below 385.9 trend reversal can occur so keep long stop at 385.9.