MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 04-04-2018

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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 04-04-2018

MTECHTIPS  Aluminium is bearish for medium-long term .Currently 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. The Aluminium is now trading in oversold level. The oscillator is showing BUY signal For short term Aluminium is in SELL position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Aluminium is 128.Resistance for the Aluminium is 133-134-136-138-139-140- Short term and Intraday Level of ALUMINIUM Intraday Trend- Buy is advised above 131.8 with a stop at 128.4 Below 127.4 go for sell

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