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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 08-11-2016

Monday, November 7, 2016 22:55
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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 08-11-2016

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MTECHTIPS MCX Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend 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 The current position is BUY .Positionally Support for the Aluminium is 114-112-110-. Immediate resistance for Aluminium is 116

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position Aluminium is in sideways so for short term better buy above 116.15 with stop at 113.5 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 115.8 with a stop at 114.1 Below 113.7 go for sell

WWW.MTECHTIPS.COM

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