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MTECHTIPS MCX COPPER INTRADAY trading tips 13-02-2017

Sunday, February 12, 2017 23:47
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MTECHTIPS MCX COPPER INTRADAY trading tips 13-02-2017

 

MTECHTIPS Mcx  Copper is moving sideways The oscillator is showing SELL signal but has moved past its recent high with good volume points to a positive break out . The oscillator is showing SELL signal For short term Copper is in SELL position and closed above 1 week high with volume signals up breakout.Positionally Support for the Copper is 397-395-389-381-366-. Immediate resistance for Copper is 411

Short term and Intraday Level of COPPER

 

Copper closed above 1 week high with volume signals up breakoutCurrently Copper is in HOLD LONG position Copper is in sideways so for short term better buy above 414.1 or hold with stop at 388.6 The next resistance will be at 408.7 Yesterday the up movement was with volume this also confirm an up break out The oscillator is showing BUY signal

Intraday Trend- Buy above 414.1 and keep stop below 402.2 Target is 419.3 next 427.9 Below 397 trend reversal can occur and next level is 388.5

WWW.MTECHTIPS.COM

 

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