MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 26-07-2018

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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 26-07-2018

MTECHTIPS  Aluminium is bearish for medium-long term .Currently 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 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 144-148-150-152-

Short term and Intraday Level of ALUMINIUM Currently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 141 The Aluminium is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 142.3 with a stop at 139.7 Below 139 go for sell with stop at 141.6

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