MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 27-07-2018

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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 27-07-2018

MTECHTIPS  Aluminium is bearish for medium-long term .Currently Aluminium is in 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 on BUY Signal and Aluminium is recovering from oversold level For short term Aluminium is in HOLD LONG 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 Aluminium is in profit booking mode so either sell of or keep stop at141 so better sell and enter at lower level The oscillator is showing SELL signal Intraday Trend- Buy is advised above 142.8 with a stop at 140.2 Below 139.5 go for sell

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