MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 10-05-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 10-05-2017
MTECHTIPS Aluminium is bearish for medium-long term.Currently Aluminium is showing some down move and trend is strong and supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for Aluminium is 120.Resistance for the Aluminium is 123-124-126-
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 122.0 The Aluminium is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 122.1 with a stop at 120.4 Below 120 go for sell
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