MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 07-10-2016
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 .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 110-109-108-107-. Immediate resistance for Aluminium is 112
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 if close above 112.3 closing below 110.2 Sell will happen. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 112.5 with a stop at 111.1 Below 110.8 go for sell and put stop at 112.2.