MTECHTIPS MCX COPPER INTRADAY trading tips 02-08-2018

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MTECHTIPS MCX COPPER INTRADAY trading tips 02-08-2018

MTECHTIPS   Copper is bearish for medium-long term .Currently Copper is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Copper is in HOLD LONG position and Copper closed below 1 week low with volume signals down breakout.Positionally Immediate support for Copper is 411.Resistance for the Copper is 425-426-431-450-452-454-

Short term and Intraday Level of COPPER Copper and closed below 1 week low with volume signals down breakoutCurrently Copper is in HOLD SHORT position The Copper is in downtrend For short term buy only if close above 429.0 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 425 with a stop at 409.3 Below 404.7 go for sell

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