MTECHTIPS MCX COPPER INTRADAY trading tips 20-12-2016

MTECHTIPS MCX COPPER INTRADAY trading tips 20-12-2016
MTECHTIPS Mcx Copper is in long- medium- term bull phase .Currently Copper is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Copper is in SELL position.Positionally Support for the Copper is 359-347-339-.Resistance for the Copper is 392-393-396-
Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper is moving sideways so short term investor better to buy only above 394.6 or hold with stop at 372.45 The Copper is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 383.4 with a stop at 371.4 Below 367.9 go for sell.

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