MTECHTIPS MCX COPPER INTRADAY trading tips 27-09-2016
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 . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 323-320-319-317-315-. Immediate resistance for Copper is 329
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 325 The Copper is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 329 with a stop at 325.2 Below 324.4 go for sell with stop at 328.2.