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MTECHTIPS MCX COPPER INTRADAY trading tips 02-03-2017

Wednesday, March 1, 2017 23:45
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MTECHTIPS MCX COPPER INTRADAY trading tips 02-03-2017


MTECHTIPS Mcx   Copper is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Copper is in HOLD SHORT position.Positionally Support for the Copper is 399-398-391-390-375-. Immediate resistance for Copper is 417

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 396 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 409.4 with a stop at 400.8 Below 398.5 go for sell with a stop at 407.1




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