MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 03-04-2018

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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 03-04-2018

MTECHTIPS  Aluminium is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The Aluminium is now trading in oversold level. For short term Aluminium is in SELL position.Positionally Immediate support for Aluminium is 129.Resistance for the Aluminium is 134-136-138-139-140- Short term and Intraday Level of ALUMINIUM Intraday Trend-The Aluminium closed in a confusion manner So buy for intraday only above 132.6 with a stop at 130.5 If opens below 130.5 or trade below 130 be cautious or go for sell with stop at 132.1

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