MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 18-08-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 18-08-2017
MTECHTIPS Mcx Aluminium is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 127-125-124-123-. Immediate resistance for Aluminium is 135 Short term and Intraday Level of ALUMINIUMCurrently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 130 The Aluminium is now trading is approaching overbought level. The oscillator is on SELL signal and Aluminium is coming down from overbought level
Intraday Trend- Buy is advised above 133.7 with a stop at 130.8 Below 130 go for sell with stop at 132.9
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