MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 04-09-2018

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MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 04-09-2018

MTECHTIPS  Aluminium is bearish for medium-long term .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days lot of positive accumulation happened in the Aluminium. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 146-145-143-. Immediate resistance for Aluminium is 153  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 149 The Aluminium is now trading is approaching overbought level. The oscillator is on SELL signal and Aluminium is coming down from overbought level Intraday Trend- Buy is advised above 150.1 with a stop at 147.7 Below 147.1 go for sell with stop at 149.5

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