MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 15-01-2018

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 15-01-2018
MTECHTIPS Aluminium is showing some down move and trend is strong momentum is also showing strength and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is on SELL signal and Aluminium is coming down from overbought level For short term Aluminium is in SELL position.Positionally Support for the Aluminium is 139-137-136-135-. Immediate resistance for Aluminium is 147 Short term and Intraday Level of ALUMINIUM Currently Aluminium is in HOLD LONG position Aluminium has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 142.9 with stop at 136.6 The oscillator is showing BUY signal Intraday Trend- Buy is advised only above 142.9 with a stop at 139.9 Below 139.1 go for sell and put stop at 142.1
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