MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 28-06-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 28-06-2017
MTECHTIPS Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The Aluminium is now trading in oversold level. The Aluminium is now trading in oversold level. The oscillator is showing BUY signal For short term Aluminium is in SELL position.Positionally Immediate support for Aluminium is 119.Resistance for the Aluminium is 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 BUY signal
Intraday Trend- Buy is advised only above 122.6 with a stop at 120.5 Below 120 go for sell and put stop at 122.1
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