MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 22-12-2016

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 22-12-2016
MTECHTIPS Mcx Aluminium is in long- medium- short-medium- short- term bull phase .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 117-116-113-112-. Immediate resistance for Aluminium is 119
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 118.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 118.2 with a stop at 117.1 Below 116.9 go for sell and put stop at 118
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