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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 23-09-2016

Thursday, September 22, 2016 23:29
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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 23-09-2016

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MTECHTIPS MCX Aluminium is bearish for medium-long term .Currently Aluminium is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend .. The Aluminium is now trading in oversold level. The Aluminium is now trading in oversold level. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position and closed above 1 week high with volume signals up breakout.Positionally Support for the Aluminium is 107-105-.Resistance for the Aluminium is 109-

Short term and Intraday Level of ALUMINIUM

Aluminium closed above 1 week high with volume signals up breakoutCurrently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 105 The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 110.1 with a stop at 107.3 Below 106.5 go for sell with a stop at 109.3

WWW.MTECHTIPS.COM

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