MTECHTIPS MCX COPPER INTRADAY trading tips 02-04-2018

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MTECHTIPS MCX COPPER INTRADAY trading tips 02-04-2018

MTECHTIPS  Copper is in strong downtrend but volume is unsatisfactory 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 Immediate support for Copper is 423.Resistance for the Copper is 440-445-449-451-453- Short term and Intraday Level of COPPER

Currently Copper is in HOLD LONG position Copper has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 441 with stop at 425.0 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 441 with a stop at 434.3 Below 432.6 go for sell and put stop at 439.3