MTECHTIPS MCX COPPER INTRADAY trading tips 10-05-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 10-05-2017
MTECHTIPS Copper is bearish for medium-long term .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 .. The oscillator is showing SELL signal For short term Copper is in HOLD SHORT position.Positionally Immediate support for Copper is 353.Resistance for the Copper is 366-367-370-379-387-
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 361.0 Selling pressure seems to be deceasing So Short term sellers have to take a cautious approach.Short only below 353.85 The Copper is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 363 with a stop at 356.8 Below 355.2 go for sell and put stop at 361.4
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