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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 10-01-2019

Wednesday, January 9, 2019 22:49

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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 10-01-2019

MTECHTIPS Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Aluminium is now trading in oversold level. The Aluminium is now trading in oversold level. The oscillator is showing BUY signal For short term Aluminium is in HOLD SHORT position.Positionally Support for the Aluminium is 128-.Resistance for the Aluminium is 132-135-138-143-144- Short term and Intraday Level of ALUMINIUM Currently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 129 The Aluminium is now trading is approaching overbought level. The oscillator is showing BUY signal Intraday Trend- Buy is advised above 132.6 with a stop at 129.1 Below 128.1 go for sell with a stop at 131.6

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