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MTECHTIPS MCX COPPER INTRADAY trading tips 12-04-2017

Wednesday, April 12, 2017 0:28
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MTECHTIPS MCX COPPER INTRADAY trading tips 12-04-2017



MTECHTIPS   Copper is bearish for medium-long term .Currently Copper is in strong downtrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Copper is in HOLD SHORT position.Positionally Immediate support for Copper is 369.Resistance for the Copper is 381-382-384-392-393-

Short term and Intraday Level of COPPER


Currently Copper is in SELL position The Copper is in downtrend For short term buy only if close above 377.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 376.8 with a stop at 371.1 Below 369.7 go for sell




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