September 22, 2017

MTECHTIPS MCX COPPER INTRADAY trading tips 09-02-2017
MTECHTIPS Copper is in long- medium- term bull phase .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 SELL position.Positionally Support for the Copper is 389-379-365-.Resistance for the Copper is 397-400-
Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper is moving sideways with low volatality so short term investor better to buy if close above 405.1 close below 387.0 Sell will happen. The Copper is now trading is approaching oversold level. The oscillator is on BUY Signal and Copper is recovering from oversold level
Intraday Trend-Intraday better to buy above 403.4 and Sell if below385.6
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