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MCX COPPER -1 KG Free Trading Tips - Copper moving up from strong support zone, Further buying expecting once Copper closes above 439.50 - levels as per technical analysis point of view. (Updated On 25th July 2014, Friday).


MCX - COPPER 1 KG




  • MCX COPPER 1 KG moving up from strong fibonacci fan line support zone , which indicates Copper to favor bulls as long as trades above, daily chart also indicates Copper again closed above 200 days moving average, further up move is expecting if Copper holds above 200 days moving average.
  • Daily chart also indicates copper will find strong resistance 161.8% fibonacci retracement and trend line resistance around 439.50, if copper closes above 439.50 and stays above then will favor bulls for next 1-2 trading days.
    • Intraday close watch - once copper starts trading above 439.50 then can see some intraday action if stays above.
  • On upper side copper will find next strong trend line resistance around 443, 446 & 448. Close Watch.
  • Click here to see all reports published by us on MCX - COPPER 1 KG on the bases of Technical Analysis.
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.