MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 20-04-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 20-04-2017
MTECHTIPS Mcx Aluminium is in strong downtrend 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 Support for the 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 in sideways and sellers was at high so for short term better buy above 125.4 or hold with stop at 121.8 The next resistance will be at 125.45 The Aluminium is now trading is approaching oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 125.4 with a stop at 121.9 Below 120.9 go for sell and put stop at 124.4
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