MTECHTIPS MCX COPPER INTRADAY trading tips 21-08-2018

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MTECHTIPS MCX COPPER INTRADAY trading tips 21-08-2018

MTECHTIPS   Copper is bearish for medium-long term .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 SELL position.Positionally Immediate support for Copper is 401.Resistance for the Copper is 418-420-421-438-448-449- Short term and Intraday Level of COPPER Currently Copper is in HOLD SHORT position Copper is showing some Up momentum So buy above 413.0 with stop at 402.55 The Copper is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 416.9 with a stop at 409.3 Below 407.3 go for sell and put stop at 414.9

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