MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 01-08-2018

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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 01-08-2018

MTECHTIPS  Aluminium is bearish for medium-long term .Currently Aluminium is showing some up move after small correction and trend is strong and supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 140-.Resistance for the Aluminium is 143-148-149-152- Short term and Intraday Level of ALUMINIUM Currently Aluminium is in HOLD LONG position The Aluminium was in uptrend but yesterday market closed in confusion so better hold with tight stop at 141 If trades and sustain below 141.9 be alert The oscillator is showing SELL signal Intraday Trend-The Aluminium closed in a confusion manner So buy for intraday only above 143.5 with a stop at 141.6 If opens below 141.6 or trade below 141.2 be cautious or go for sell with stop at 143.1

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