MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 24-11-2016
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 . In last few days lot of positive accumulation happened in the Aluminium Cautious point is buying at higer levels seems decreasing. The oscillator is showing SELL signal For short term Aluminium is in HOLD LONG position and closed above 1 month high with volume signals up breakout.Positionally Support for the Aluminium is 118-117-115-112-111-. Immediate resistance for Aluminium is 123
Short term and Intraday Level of ALUMINIUM
Aluminium closed above 1 week high with volume signals up breakoutCurrently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 118 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 123.9 with a stop at 120.9 Below 120.1 go for sell with a stop at 123.1.