MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 30-11-2016
MTECHTIPS MCX Aluminium is in long- medium- short-medium- term bull phase .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 Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 116-114-111-. Immediate resistance for Aluminium is 123
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position The Aluminium is in downtrend For short term buy only if close above 121.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 119.1 with a stop at 116.9 Below 116.3 go for sell.