MTECHTIPS MCX COPPER INTRADAY trading tips 03-07-2017
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 The current position is BUY .Positionally Support for the Copper is 375-374-372-370-369-367-. Immediate resistance for Copper is 392 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 381 The Copper is now trading in highly overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 393.1 with a stop at 386.2 Below 384.4 go for sell with a stop at 391.3.