MTECHTIPS MCX COPPER INTRADAY trading tips 27-11-2018

MTECHTIPS MCX COPPER INTRADAY trading tips  27-11-2018

MTECHTIPS    Copper is bearish for medium-long term .Currently Copper is in downtrend 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 BUY signal For short term Copper is in HOLD LONG position.Positionally Immediate support for Copper is 424.Resistance for the Copper is 436-438-439-441-448- Short term and Intraday Level of COPPER Currently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 437.0 Selling pressure seems to be deceasing So Short term sellers have to take a cautious approach.Short only below 428.15 The Copper is now trading is approaching oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised only above 434.4 with a stop at 428 Below 426.5 go for sell and put stop at 432.9

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