MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 27-06-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 27-06-2017
MTECHTIPS Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Aluminium is now trading in oversold level. For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for Aluminium is 119.Resistance for the Aluminium is 121-123-124-
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 121.0 The Aluminium is now trading is approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 120.8 with a stop at 119.5 Below 119.2 go for sell
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