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MTECHTIPS MCX COPPER INTRADAY trading tips 31-03-2017
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 381-.Resistance for the Copper is 389-392-393-396-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position The Copper is not giving any clear signal So buy only if close above388.9 and sell below 370.15 The oscillator is showing BUY signal
Intraday Trend-The Copper closed in a confusion manner So buy for intraday only above 388.7 with a stop at 381 If opens below 381 or trade below 378.9 be cautious or go for sell with stop at 386.6
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