Wednesday, 28 November 2018

MTECHTIPS MCX COPPER INTRADAY trading tips 29-11-2018


MTECHTIPS MCX COPPER INTRADAY trading tips 29-11-2018


MTECHTIPS   Copper is in long- term bull phase .Currently 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 HOLD SHORT position.Positionally Support for the Copper is 432-.Resistance for the Copper is 440-448- 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 433.0 The Copper is now trading is approaching oversold level. The oscillator is on BUY Signal and Copper is recovering from oversold level Intraday Trend- Buy is advised only above 441.8 with a stop at 431 Below 427.9 go for sell and put stop at 438.8
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