MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 31-03-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 31-03-2017
MTECHTIPS Mcx Aluminium is in strong uptrend with good momentum 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 125-123-122-. Immediate resistance for Aluminium is 129
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 128.2 with stop at 124.0 The Aluminium is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 128.2 with a stop at 126.2 Below 125.7 go for sell and put stop at 127.7
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