MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 28-10-2016
MTECHTIPS Mcx Aluminium is in perfect uptrend .Currently Aluminium 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. For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 111-110-109-. Immediate resistance for Aluminium is 113
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 111 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 114.6 with a stop at 112.5 Below 111.9 go for sell with a stop at 114.