MTECHTIPS MCX COPPER INTRADAY trading tips 10-10-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 10-10-2017
MTECHTIPS The Copper is in perfect uptrend .Currently Copper is in strong uptrend with good momentum 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 oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Copper is 429-426-423-410-399-. Immediate resistance for Copper is 444
Short 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 441.6 with stop at 425.5 The Copper is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 441.6 with a stop at 437.9 Below 437.2 go for sell and put stop at 441.

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