MTECHTIPS MCX COPPER INTRADAY trading tips 18-04-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 18-04-2017
MTECHTIPS Copper is bearish for medium-long term .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 HOLD SHORT position.Positionally Immediate support for Copper is 362.Resistance for the Copper is 375-379-382-390-392-
Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position Copper is showing some Up momentum So buy above 371.0 with stop at 363.0 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 only above 374.1 with a stop at 367.8 Below 366.2 go for sell and put stop at 372.5
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