MTECHTIPS MCX COPPER INTRADAY trading tips 14-08-2017


MTECHTIPS MCX COPPER INTRADAY trading tips 14-08-2017

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 BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 408-406-397-384-378-376-. Immediate resistance for Copper is 419Short term and Intraday Level of COPPER Currently Copper is in HOLD LONG position Copper is in profit booking mode so hold with stop at 410 The Copper is now trading is approaching overbought level. The oscillator is on SELL signal and Copper is coming down from overbought level

Intraday Trend- Buy is advised only above 416.3 with a stop at 409.8 Below 408.3 go for sell and put stop at 414.7

WWW.MTECHTIPS.COM

07489294118-119

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