MTECHTIPS MCX COPPER INTRADAY trading tips 06-04-2017
MTECHTIPS Copper is bearish for medium-long term .Currently Copper is in downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 383-381-379-.Resistance for the Copper is 392-393-394-
Short term and Intraday Level of COPPER
Currently Copper is in SELL position Copper is showing some Up momentum So buy above 382.0 with stop at 374.4 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 392.7 with a stop at 382.5 Below 379.6 go for sell and put stop at 389.8
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