MTECHTIPS MCX COPPER INTRADAY trading tips 03-04-2017
MTECHTIPS MCX COPPER INTRADAY trading tips 03-04-2017
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 Immediate support for Copper is 369.Resistance for the Copper is 384-386-389-392-393-396-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position In short term Copper is in strong up trend so hold with stop at 381 The Copper is now trading is approaching overbought level. The oscillator is on SELL signal and Copper is coming down from overbought level
Intraday Trend- Buy is advised above 384.9 with a stop at 378.3 Below 376.6 go for sell with stop at 383.2
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