MTECHTIPS MCX COPPER INTRADAY trading tips 08-09-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 08-09-2017
MTECHTIPS Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The Copper is now trading in highly overbought level. The Copper is now trading in highly overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Copper is 437-432-423-406-393-386-. Immediate resistance for Copper is 453Short term and Intraday Level of COPPER Currently Copper is in HOLD LONG position Copper is in profit booking mode so either sell of or keep stop at443 so better sell and enter at lower level The Copper is now trading is approaching overbought level. The oscillator is on SELL signal and Copper is coming down from overbought level
Intraday Trend- Buy is advised above 450.4 with a stop at 443.4 Below 441.7 go for sell
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