MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 10-04-2018

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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 10-04-2018

MTECHTIPS  Aluminium is in 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 HOLD LONG position and closed above 3 week high with volume signals up breakout.Positionally Support for the Aluminium is 136-134-131-. Immediate resistance for Aluminium is 141 Short term and Intraday Level of ALUMINIUM Currently Aluminium is in HOLD LONG position Aluminium is in sideways so for short term better buy above 141.5 or hold with stop at 128.3 The next resistance will be at 139.7 The oscillator is showing BUY signal  Intraday Trend- Buy above 141.5 and keep stop below 137.1 Target is 143.4 next 146.6 Below 135.2 trend reversal can occur and next level is 132

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