MTECHTIPS MCX COPPER INTRADAY trading tips 07-02-2019
MTECHTIPS MCX COPPER INTRADAY trading tips 07-02-2019
MTECHTIPS 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 Copper is now trading in overbought level. The Copper is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Copper is 434-433-429-424-422-. Immediate resistance for Copper is 453 Short term and Intraday Level of COPPER Currently Copper is in HOLD LONG position Copper has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 453.1 with stop at 434.45 The Copper is now trading in highly overbought level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 453.1 with a stop at 446.7 Below 445.2 go for sell and put stop at 451.6
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