MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 4-10-2019
MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 4-10-2019
MTECHTIPS- Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Aluminium is in SELL position. Positionally Immediate support for Aluminium is 131. Resistance for the Aluminium is 137-138-139-140-141-142- Short term and Intraday Level of ALUMINIUM Currently Aluminium is in HOLD LONG position Aluminium is moving sideways so short term investor better to buy only above 136.3 with stop at 132.5 The Aluminium is now trading in highly oversold level. The oscillator is showing BUY signal
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