Online:
Visits:
Stories:
Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

MTECHTIPS MCX COPPER INTRADAY trading analysis 08-03-2016

Tuesday, March 8, 2016 1:27
% of readers think this story is Fact. Add your two cents.

(Before It's News)

MTECHTIPS MCX COPPER INTRADAY trading analysis 08-03-2016

B4INREMOTE-aHR0cHM6Ly80LmJwLmJsb2dzcG90LmNvbS8tZ01DRk9uenA1d0kvVnQ2TXgtUFJHb0kvQUFBQUFBQUF5REEvb1FlSXE4UGF3czAvczMyMC8yNzMwOV8xMDE1MTMzOTM3MDc4NDkwOV82MzY4MjUxOTdfbi5qcGc=

 

Mcx copper future for month of March, trading with gain. This will be second monthly gain for copper prices. In last month prices recovered from low of 301 to high of 326. Copper is trading above precious month high with bullish outlook. On daily chart, price trend and momentum both are strong bullish. On downside 323-317 and 314 are major short term average support zones. All major indicators are bullish and heading towards overbought zones. For month of March, copper future above 316 will remain bullish or buy. On upside expect targets of 332 and 341. Above 341 copper will turn super bullish for month. On downside below 316 expect downcycle or bearish trend and in that case support as well as targets can be expected at 307 and 291. Traders above 316 keep buy and accumulate strategy for copper and keep targets at 332 and then 341.

 

WWW.MTECHTIPS.COM

 

07489294118-119

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.