MTECHTIPS MCX COPPER INTRADAY trading tips 02-01-2018

MTECHTIPS MCX COPPER INTRADAY trading tips 02-01-2018

MTECHTIPS The 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 oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Copper is 458-450-445-444-441-438-. Immediate resistance for Copper is 474 Short 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 at464 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 470.3 with a stop at 461.9 Below 459.7 go for sell

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