MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 29-12-2016

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 29-12-2016
MTECHTIPS Aluminium is in long- term bull phase .Currently Aluminium is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Aluminium if it close above119 or buy with strict stop at 115. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 114-113-.Resistance for the Aluminium is 118-
Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD LONG position Aluminium is moving sideways so short term investor better to buy only above 119.3 or hold with stop at 116.95 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 118.4 with a stop at 116.5 Below 116 go for sell
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