MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 29-03-2017
MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 29-03-2017
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 . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 125-123-121-. Immediate resistance for Aluminium is 128
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position Aluminium is in sideways and sellers was at high so for short term better buy above 127.2 or hold with stop at 124.0 The next resistance will be at 126.3 The Aluminium is now trading in highly overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 127.2 with a stop at 125.4 Below 124.9 go for sell and put stop at 126.7
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