MTECHTIPS MCX COPPER INTRADAY trading tips 02-12-2016
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 .. 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 391-385-367-343-334-332-. Immediate resistance for Copper is 417
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 414.8 with stop at 388.95 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 404.8 with a stop at 396.6 Below 394.5 go for sell.