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MTECHTIPS MCX COPPER INTRADAY trading tips 23-03-2017
MTECHTIPS Copper is bearish for medium-long term .Currently Copper is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Copper is in SELL position.Positionally Immediate support for Copper is 374.Resistance for the Copper is 387-389-390-393-394-398-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 386.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 386.4 with a stop at 379.3 Below 377.4 go for sell and put stop at 384.5
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