MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 18-11-2016
MTECHTIPS MCX Aluminium is in long- medium- short-medium- term bull phase .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is on SELL signal and Aluminium is coming down from overbought level For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 113-111-110-.Resistance for the Aluminium is 116-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position The Aluminium is in downtrend For short term buy only if close above 117.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 115.8 with a stop at 114 Below 113.6 go for sell
Intraday Resistance of ALUMINIUM are 115.5 : 116.1 : 120.1 : 122.4 : 125.7 : 128.9 : 131.3 : 133.7.