MTECHTIPS MCX COPPER INTRADAY trading tips 30-09-2019
MTECHTIPS MCX COPPER INTRADAY trading tips 30-09-2019
MTECHTIPS- Copper is in long- term bull phase .Currently Copper is in strong downtrend 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 SELL position.Positionally Support for the Copper is 433-.Resistance for the Copper is 443-446-448-450- Short term and Intraday Level of COPPER Currently Copper is in HOLD SHORT position The Copper was in downtrend but yesterday market closed in confusion so book short if any or hold with tight stop at 441.0 If trades and sustain above 437.9 it is a covering signal The Copper is now trading in highly oversold level. The oscillator is showing SELL signal
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