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MTECHTIPS MCX COPPER INTRADAY trading tips 29-03-2017
MTECHTIPS Copper is bearish for medium-long term .Currently Copper is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Copper is in HOLD SHORT position.Positionally Support for the Copper is 382-.Resistance for the Copper is 390-392-393-396-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position Copper is in sideways and sellers was at high so for short term better buy above 390.5 or hold with stop at 370.15 The next resistance will be at 385.6 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 390.5 with a stop at 382.1 Below 379.8 go for sell and put stop at 388.2
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