MTECHTIPS MCX COPPER INTRADAY trading tips 28-09-2016
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 . 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 320-317-315-.Resistance for the Copper is 325-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD LONG position Copper is moving sideways so short term investor better to buy only above 328.4 or hold with stop at 321.2 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 326.1 with a stop at 320.3 Below 318.8 go for sell.