MTECHTIPS MCX COPPER INTRADAY trading tips 13-12-2016
MTECHTIPS MCX COPPER INTRADAY trading tips 13-12-2016
MTECHTIPS Mcx Copper is in long- medium- short-medium- term bull phase .Currently Copper is in 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 on SELL signal and Copper is coming down from overbought level For short term Copper is in SELL position.Positionally Support for the Copper is 385-353-342-336-.Resistance for the Copper is 399-
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 406.85 with stop at 390.75 The Copper is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 395.1 with a stop at 389 Below 387.5 go for sell.
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