MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 16-11-2016
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 116-113-111-110-. Immediate resistance for Aluminium is 121
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position Aluminium is in profit booking mode so either sell of or keep stop at117 so better sell and enter at lower level The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 119 with a stop at 116.3 Below 115.6 go for sell.