MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 19-05-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 19-05-2017
MTECHTIPS Mcx Aluminium is in long- medium- short-medium- short- term bull phase .Currently Aluminium is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position and closed above 1 week high with volume signals up breakout.Positionally Support for the Aluminium is 124-123-122-. Immediate resistance for Aluminium is 126
Short term and Intraday Level of ALUMINIUM

Aluminium closed above 1 week high with volume signals up breakoutCurrently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 122 The Aluminium is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 126.5 with a stop at 124 Below 123.3 go for sell with a stop at 125.8
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