MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 18-04-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 18-04-2017
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 SELL position.Positionally Support for the Aluminium is 122-.Resistance for the Aluminium is 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 is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 125.7 with a stop at 123.6 Below 123 go for sell and put stop at 125.1
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