MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 19-04-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 19-04-2017
MTECHTIPS Mcx Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend with good momentum and the trend is supported with good volume 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 Immediate support for Aluminium is 122.Resistance for the Aluminium is 124-125-126-
Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD LONG position Aluminium is moving sideways so short term investor better to buy only above 125.45 with stop at 121.8 The Aluminium is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 124.2 with a stop at 120.8 Below 119.8 go for sell
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