MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 06-02-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 06-02-2017
MTECHTIPS Mcx Aluminium is in long- medium- short-medium- term bull phase .Currently Aluminium is moving sideways The oscillator is on SELL signal and Aluminium is coming down from overbought level .In last 1 month volatality is very less Buy the Aluminium above 129 or buy with strict stop at 121. The oscillator is on SELL signal and Aluminium is coming down from overbought level For short term Aluminium is in HOLD SHORT position.Positionally Support for the Aluminium is 121-119-118-116-.Resistance for the Aluminium is 124-
Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position Aluminium is showing some Up momentum So buy above 123.0 with stop at 121.55 The Aluminium is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 123.7 with a stop at 122.3 Below 121.9 go for sell and put stop at 123.3
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