MTECHTIPS MCX COPPER INTRADAY trading tips 31-05-2019

MTECHTIPS MCX COPPER INTRADAY trading tips 31-05-2019 MTECHTIPS - Copper is bearish for medium-long term .Currently Copper is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Copper is now trading in oversold level. The Copper is now trading in oversold level. The oscillator is showing BUY signal For short term Copper is in SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Copper is 406.Resistance for the Copper is 419-423-429-439-440-444- 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 Copper is moving sideways so short term investor better to buy only above 419.3 or hold with stop at 408.5 The oscillator is showing SELL signal WWW.MTECHTIPS.COM 07489294118-119
Published on May 31 2019 10:22AM, by MTECHTIPS in Commodity tips| Share This




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