MTECHTIPS MCX COPPER
INTRADAY trading tips 23-01-2018
MTECHTIPS Copper is in strong downtrend with good
momentum and the trend is supported with good volume The open interest is not
increasing with trend . Noting point is selling at lower levels seems
decreasing. The oscillator is showing SELL signal For short term Copper is in
SELL position.Positionally Support for the Copper is 447-446-442-.Resistance
for the Copper is 456-457-459- Short term and Intraday Level of COPPER Currently
Copper is in HOLD SHORT position Copper is moving sideways so short term
investor better to buy if close above 460.0 closing below 449.8 Sell will
happen. The Copper is now trading is approaching oversold level. The oscillator
is showing SELL signal
Intraday Trend- Buy is
advised only above 456.8 with a stop at 450 Below 448.4 go for sell and put
stop at 455.2
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