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MTECHTIPS MCX COPPER INTRADAY trading tips 09-03-2017

Wednesday, March 8, 2017 23:09
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MTECHTIPS MCX COPPER INTRADAY trading tips 09-03-2017

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MTECHTIPS Copper is in strong downtrend but volume is unsatisfactory 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 SELL position.Positionally Support for the Copper is 379-.Resistance for the Copper is 395-396-397-399-

Short term and Intraday Level of COPPER

 

Currently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 393.0 The Copper is now trading is approaching oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 388.9 with a stop at 383.2 Below 381.8 go for sell

WWW.MTECHTIPS.COM

 

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