MTECHTIPS MCX COPPER INTRADAY trading tips 09-08-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 09-08-2017
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 407-401-394-382-376-375-. Immediate resistance for Copper is 417Short term and Intraday Level of COPPER Currently Copper is in HOLD LONG position Copper has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 418.8 with stop at 402.45 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 418.8 with a stop at 411.3 Below 409.3 go for sell and put stop at 416.8
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