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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 02-11-2016

Tuesday, November 1, 2016 22:02
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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 02-11-2016

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MTECHTIPS MCX Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend with good momentum and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 112-111-110-109-. Immediate resistance for Aluminium is 116

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 114 The Aluminium is now trading in highly overbought level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 116.6 with a stop at 114.9 Below 114.5 go for sell with stop at 116.2

WWW.MTECHTIPS.COM

07489294118-119

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