Home / TIPS / MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 06-01-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 06-01-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 06-01-2017

MTECHTIPS  Mcx Aluminium is in long- term bull phase .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 Support for the Aluminium is 115-113-.Resistance for the Aluminium is 117-

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 115 The Aluminium is now trading is approaching oversold level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 116.4 with a stop at 114.9 Below 114.6 go for sell with a stop at 116.1

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