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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 12-04-2017

Wednesday, April 12, 2017 0:33
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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 12-04-2017

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MTECHTIPS  Mcx   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 HOLD SHORT position The Aluminium is in downtrend For short term buy only if close above 125.0 The Aluminium is now trading is approaching oversold level. The oscillator is showing SELL signal

Intraday Trend- Buy is advised above 124.6 with a stop at 123.2 Below 122.9 go for sell

WWW.MTECHTIPS.COM

 

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