MTECHTIPS MCX COPPER INTRADAY trading tips 04-10-2016
MTECHTIPS MCX Copper is in long- medium- short-medium- short- term bull phase .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Copper is now trading in overbought level. The Copper is now trading in overbought level. The oscillator is showing SELL signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 323-321-319-318-. Immediate resistance for Copper is 330
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 324 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 329.1 with a stop at 322.3 Below 320.4 go for sell with stop at 327.3.