MTECHTIPS MCX COPPER INTRADAY trading tips 03-10-2016
MTECHTIPS MCX Copper is in perfect uptrend .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 324-323-321-319-318-317-. Immediate resistance for Copper is 330
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position Copper has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 332.1 with stop at 321.2 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 332.1 with a stop at 326.5 Below 325 go for sell and put stop at 330.6.