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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 15-11-2016

Monday, November 14, 2016 22:33

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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 15-11-2016

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 .. The Aluminium is now trading in overbought level. The Aluminium is now trading in overbought level. The oscillator is showing SELL signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 116-115-113-111-110-. Immediate resistance for Aluminium is 121

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD LONG position Aluminium has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 119.4 with stop at 113.5 The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 119.4 with a stop at 117.2 Below 116.6 go for sell and put stop at 118.8

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07489294118-119

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