MTECHTIPS MCX COPPER INTRADAY trading tips 27-12-2016

MTECHTIPS MCX COPPER INTRADAY trading tips 27-12-2016
MTECHTIPS Mcx Copper is in long- medium- term bull phase .Currently Copper is in strong downtrend 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 365-351-341-.Resistance for the Copper is 382-387-392-
Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below364.8 Buy if above 378.5 The Copper is now trading is approaching oversold level. The oscillator is on BUY Signal and Copper is recovering from oversold level
Intraday Trend- Buy is advised above 375 with a stop at 367 Below 364.8 go for sell
WWW.MTECHTIPS.COM
07489294118-119