December 7, 2016

 

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 22-09-2016

MTECHTIPS MCX Aluminium is bearish for medium-long term .Currently Aluminium is moving sideways The Aluminium is now trading in oversold level. The Aluminium is now trading in oversold level. The oscillator is showing BUY signal .In last 1 month volatality is very less and fresh Buy can be considered in the Aluminium if it close above108 or buy with strict stop at 104. 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 LONG position.Positionally Support for the Aluminium is 105-.Resistance for the Aluminium is 108-109-

Short term and Intraday Level of ALUMINIUM

 

Currently Aluminium is in HOLD LONG position Aluminium is moving sideways so short term investor better to buy if close above 106.25 closing below 104.1 Sell will happen. The oscillator is showing BUY signal

Intraday Trend- Buy is advised only above 106.3 with a stop at 105.1 Below 104.8 go for sell and put stop at 106.

 

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