MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 11-01-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 11-01-2017
MTECHTIPS Mcx Aluminium is in perfect uptrend .Currently Aluminium is showing some up move after small correction and the trend and not gained strength and supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Aluminium is in SELL position and closed above 1 week high with volume signals up breakout.Positionally Support for the Aluminium is 117-116-115-113-. Immediate resistance for Aluminium is 119
Short term and Intraday Level of ALUMINIUM

Aluminium closed above 1 week high with volume signals up breakoutCurrently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 116 The Aluminium is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 120.5 with a stop at 118.2 Below 117.6 go for sell with a stop at 119.9
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