MTECHTIPS MCX COPPER INTRADAY trading tips 11-04-2017
MTECHTIPS Copper is bearish for medium-long term .Currently 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 BUY signal For short term Copper is in HOLD SHORT position.Positionally Immediate support for Copper is 369.Resistance for the Copper is 382-384-393-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position Copper is in sideways so for short term better buy above 387.0 with stop at 370.6 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 378.1 with a stop at 369.4 Below 367 go for sell
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