MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 24-07-2018

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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 24-07-2018

MTECHTIPS  Aluminium is in strong downtrend but volume is unsatisfactory 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 SHORT position.Positionally Support for the Aluminium is 139-.Resistance for the Aluminium is 145-148-151-153- Short term and Intraday Level of ALUMINIUM Currently Aluminium is in HOLD LONG position Aluminium is in sideways and sellers was at high so for short term better buy above 144.1 or hold with stop at 137.9 The next resistance will be at 143.7 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 144.1 with a stop at 140.5 Below 139.5 go for sell and put stop at 143.1

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