MTECHTIPS MCX COPPER INTRADAY trading tips 29-11-2016
MTECHTIPS MCX 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 BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 383-377-357-339-330-. Immediate resistance for Copper is 417
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 398 The Copper is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 409.8 with a stop at 395.7 Below 391.5 go for sell with stop at 405.6.