MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 24-01-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 24-01-2017

MTECHTIPS Mcx 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 The current position is BUY .Positionally Support for the Aluminium is 123-121-119-118-117-115-. Immediate resistance for Aluminium is 129

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 124 The Aluminium is now trading in highly overbought level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 127.5 with a stop at 125.3 Below 124.7 go for sell with stop at 126.9

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