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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 15-02-2017
MTECHTIPS Mcx Aluminium is moving sideways The oscillator is showing SELL signal .In last 1 month volatality is very less and fresh Buy can be considered in the Aluminium if it close above129 or buy with strict stop at 122. The oscillator is showing SELL signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 124-123-120-119-117-. Immediate resistance for Aluminium is 129
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position Aluminium is in sideways and sellers was at high so for short term better buy above 127.3 or hold with stop at 122.7 The next resistance will be at 127.15 The Aluminium is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 127.3 with a stop at 125.1 Below 124.5 go for sell and put stop at 126.7
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