MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 09-04-2018

Spread the love

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 09-04-2018

MTECHTIPS  Aluminium is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. 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 HOLD SHORT position and closed above 1 week high with volume signals up breakout.Positionally Support for the Aluminium is 131-130-.Resistance for the Aluminium is 135-138-139- Short term and Intraday Level of ALUMINIUM Aluminium closed above 1 week high with volume signals up breakoutCurrently Aluminium is in HOLD SHORT position Aluminium is in sideways and sellers was at high so for short term better buy above 135.9 or hold with stop at 128.3 The next resistance will be at 133.3 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 135.9 with a stop at 131.4 Below 130.1 go for sell and put stop at 134.6

WWW.MTECHTIPS.COM

07489294118-119