MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 17-04-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 17-04-2017
MTECHTIPS Mcx Aluminium is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORT position.Positionally Support for the Aluminium is 122-.Resistance for the Aluminium is 124-126-
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 124.0 The Aluminium is now trading in highly oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 123.9 with a stop at 122.6 Below 122.3 go for sell and put stop at 123.6
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