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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 11-04-2017

Monday, April 10, 2017 22:55
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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 11-04-2017

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MTECHTIPS  Mcx  Aluminium is in long- term bull phase .Currently Aluminium is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORT position.Positionally Support for the Aluminium is 122-.Resistance for the Aluminium is 126-127-

Short term and Intraday Level of ALUMINIUM

 

Currently Aluminium is in SELL position Aluminium has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below122.3 Buy if above 128.0 The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 125.2 with a stop at 122.9 Below 122.3 go for sell

WWW.MTECHTIPS.COM

 

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