MTECHTIPS MCX COPPER INTRADAY trading tips 08-08-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 08-08-2017
MTECHTIPS 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 Copper is now trading in overbought level. The Copper is now trading in overbought level. The oscillator is showing SELL signal For short term Copper is in HOLD LONG position.Positionally Support for the Copper is 406-399-392-381-375-. Immediate resistance for Copper is 416Short term and Intraday Level of COPPER Currently Copper is in HOLD SHORT position Copper is in sideways and sellers was at high so for short term better buy above 415.4 or hold with stop at 402.45 The next resistance will be at 412.4 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 415.4 with a stop at 407.7 Below 405.7 go for sell and put stop at 413.4
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