MTECHTIPS MCX COPPER INTRADAY trading tips 06-12-2017

MTECHTIPS MCX COPPER INTRADAY trading tips 06-12-2017
MTECHTIPS The Copper is bearish for medium-long term .Currently Copper is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Copper is in SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Copper is 421.Resistance for the Copper is 433-442-444-445-446- Short term and Intraday Level of COPPER Copper and closed below 1 week low with volume signals down breakoutCurrently Copper is in HOLD LONG position Copper is in sideways but the trend looks weak so better buy above 448.15 or hold with stop at 423.1 The oscillator is showing BUY signal Intraday Trend- Sell if open below 417.4 with stop loss at 430 or sell below 412Buy is not advised till it cross 435.5
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