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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 21-02-2017

Monday, February 20, 2017 22:51
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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 21-02-2017

 

MTECHTIPS  Mcx Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 125-124-121-120-118-. Immediate resistance for Aluminium is 128

Short term and Intraday Level of ALUMINIUM

 

Currently Aluminium is in HOLD SHORT position Aluminium is in sideways and sellers was at high so for short term better buy above 128.2 or hold with stop at 124.65 The next resistance will be at 127.45 The Aluminium is now trading is approaching overbought level. The oscillator is on SELL signal and Aluminium is coming down from overbought level

Intraday Trend- Buy is advised only above 128.2 with a stop at 125.8 Below 125.2 go for sell and put stop at 127.6

WWW.MTECHTIPS.COM

 

07489294118-119

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