MTECHTIPS MCX COPPER INTRADAY trading tips 21-12-2016

MTECHTIPS MCX COPPER INTRADAY trading tips 21-12-2016
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 360-347-339-.Resistance for the Copper is 390-392-395-
Short term and Intraday Level of COPPER
Currently Copper is in HOLD SHORT position Copper is in sideways so for short term better buy above 394.6 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 only above 383.8 with a stop at 373.3 Below 370.3 go for sell and put stop at 380.8
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