MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 14-03-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 14-03-2017
MTECHTIPS Mcx Aluminium is in long- medium- term bull phase .Currently Aluminium is showing some down move and trend is strong momentum is also showing strength but volume is unsatisfactory The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Aluminium is in SELL position.Positionally Support for the Aluminium is 123-121-120-.Resistance for the Aluminium is 126-127-
Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position Aluminium is moving sideways so short term investor better to buy only above 126.6 or hold with stop at 123.25 The Aluminium is now trading is approaching oversold level. The oscillator is on BUY Signal and Aluminium is recovering from oversold level
Intraday Trend- Buy is advised above 125.3 with a stop at 123.1 Below 122.5 go for sell
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