MTECHTIPS MCX COPPER INTRADAY trading tips 07-08-2017


MTECHTIPS MCX COPPER INTRADAY trading tips 07-08-2017

MTECHTIPS 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 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 404-398-391-380-375-374-. Immediate resistance for Copper is 416

Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 408.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 410 with a stop at 404.6 Below 403.4 go for sell and put stop at 408.8

WWW.MTECHTIPS.COM

07489294118-119

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s