MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 08-03-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 08-03-2017
MTECHTIPS Mcx Aluminium is in long- medium- term bull phase .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 123-121-119-.Resistance for the Aluminium is 126-127-
Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position The Aluminium is in downtrend For short term buy only if close above 126.0 Selling pressure seems to be deceasing So Short term sellers have to take a cautious approach.Short only below 124.1 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 126.2 with a stop at 124.7 Below 124.3 go for sell and put stop at 125.8
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