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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 03-04-2017
MTECHTIPS Mcx Aluminium is in strong uptrend with good momentum 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 The current position is BUY .Positionally Support for the Aluminium is 125-123-122-. Immediate resistance for Aluminium is 129
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 126 The Aluminium is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 128 with a stop at 126.1 Below 125.6 go for sell with stop at 127.5
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