MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 08-01-2018

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 08-01-2018
MTECHTIPS Aluminium is in long- medium- short-medium- term bull phase .Currently Aluminium is moving sideways The Aluminium is now trading in overbought level. The Aluminium is now trading in overbought level. The oscillator is showing SELL signal and has moved down its previous low with good volume points to a negative break out . The Aluminium is now trading in overbought level. The Aluminium is now trading in overbought level. The oscillator is showing SELL signal For short term Aluminium is in HOLD LONG position and Aluminium closed below 1 week low with volume signals down breakout.Positionally Support for the Aluminium is 136-135-.Resistance for the Aluminium is 141-143- Short term and Intraday Level of ALUMINIUM Aluminium and closed below 1 week low with volume signals down breakoutCurrently Aluminium is in HOLD SHORT position Aluminium has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below137.1 Buy if above 145.45 The oscillator is showing SELL signal Intraday Trend- Buy is advised above 141.3 with a stop at 138 Below 137.1 go for sell
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