copper intraday trading levels for 16 oct 2015

copper future today closed at 349.75 with gain.
 
On daily chart, copper future 1 week price channel is up.
And 1 month price channel is showing downtrend.
Daily chart RSI is at 56 and bullish.
 
mcx copper intraday support levels are 346 and 344.
mcx copper intraday resistance levels are 355 and 356.
 
mcx copper intraday trade will be
sell mcx copper nov future around 355-356
with stop loss for target 346 and below.

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Pramod Baviskar

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