MTECHTIPS MCX COPPER INTRADAY trading tips 08-08-2018

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MTECHTIPS MCX COPPER INTRADAY trading tips 08-08-2018

MTECHTIPS   Copper is bearish for medium-long term .Currently Copper is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Copper is in HOLD SHORT position.Positionally Immediate support for Copper is 408.Resistance for the Copper is 424-426-447-450-452- 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 429.3 closing below 412.25 Sell will happen. 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 421.8 with a stop at 415.8 Below 414.4 go for sell and put stop at 420.4

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