MTECHTIPS MCX COPPER INTRADAY trading tips 07-02-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 07-02-2017
MTECHTIPS Copper is in long- medium- term bull phase .Currently Copper is in strong downtrend with good momentum and the trend is supported with good volume 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 389-377-363-.Resistance for the Copper is 396-401-402-
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 408.3 with stop at 387.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 399.1 with a stop at 390 Below 387.5 go for sell and put stop at 396.6
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