MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 30-12-2016

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 30-12-2016
MTECHTIPS Aluminium is in long- term bull phase .Currently Aluminium is showing some down move and trend is strong but volume is unsatisfactory The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD SHORT position and Aluminium closed below 1 week low with volume signals down breakout.Positionally Support for the Aluminium is 114-113-.Resistance for the Aluminium is 117-118-
Short term and Intraday Level of ALUMINIUM

Intraday Trend- Buy is advised above 116.9 with a stop at 114.8 Below 114.3 go for sell
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