MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 16-02-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 16-02-2017
MTECHTIPS Mcx Aluminium is moving sideways The oscillator is showing BUY signal but has moved past its recent high. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 124-123-120-119-117-. Immediate resistance for Aluminium is 128
Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD LONG position Aluminium has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 128.9 with stop at 122.7 The Aluminium is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 128.9 with a stop at 126.5 Below 125.8 go for sell and put stop at 128.2
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