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MTECHTIPS MCX COPPER SELL 366-367 STOPLOSS 370 TGT 362 TGT 360

MTECHTIPS MCX COPPER intraday trading analysis 09-03-2015
Mcx Copper Future On Last Trading Session Closed At 370 With Gains. For Month Of March 2015, Copper Has Pivot Level At 362 And Currently Future Is Trading Above It. Above 362, Copper Outlook Will Remain Bullish And On Upside Expect Targets At 384 And 396. These Will Be Strong Resistance Levels For Month Of March 2015. On Downside, Below Pivot Expect Supports At 350 And 328. These Will Be Support Zones As Well As Target Levels On Trend Change. Technical Picture On Daily Chart Is Bearish And Copper Future Might Break Pivot Support And Might Touch 350 Level In Month Of March. 376 Top Will Remain As Strong Resistance As Well As Stop Loss For Short Positions. At 376 Copper Future Has Formed “Doji” Reversal Signal Which Is Strong Signal For Short Term Traders.

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