MTECHTIPS MCX COPPER INTRADAY trading tips 25-01-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 25-01-2017
MTECHTIPS Mcx Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is on SELL signal and Copper is coming down from overbought level For short term Copper is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for the Copper is 396-392-386-385-369-357-. Immediate resistance for Copper is 410
Short term and Intraday Level of COPPER

Copper closed above 1 week high with volume signals up breakoutCurrently Copper is in HOLD LONG position Copper has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 414.3 with stop at 389.2 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 414.3 with a stop at 403.9 Below 401 go for sell and put stop at 411.4
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