MTECHTIPS MCX COPPER INTRADAY trading tips 20-04-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 20-04-2017
MTECHTIPS Copper is bearish for medium-long term .Currently Copper is in strong downtrend 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 Immediate support for Copper is 356.Resistance for the Copper is 372-375-380-389-391-392-
Short term and Intraday Level of COPPER

Currently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 369.0 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 above 366.7 with a stop at 358.2 Below 355.8 go for sell
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