Home / TIPS / MTECHTIPS MCX COPPER INTRADAY trading tips 16-02-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 16-02-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 16-02-2017

MTECHTIPS Mcx   Copper is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 398-396-389-384-369-. Immediate resistance for Copper is 417

Short term and Intraday Level of COPPER

 

Currently Copper is in HOLD LONG position Copper is in profit booking mode so either sell of or keep stop at404 so better sell and enter at lower level The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 412.8 with a stop at 399.7 Below 395.8 go for sell

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