MTECHTIPS MCX COPPER INTRADAY trading tips 27-01-2017
MTECHTIPS Mcx Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is on SELL signal and Copper is coming down from overbought level For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 398-393-387-386-370-358-. Immediate resistance for Copper is 411
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 399 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 411 with a stop at 404.5 Below 402.9 go for sell with stop at 409.4
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