October 26, 2016


MTECHTIPS MCX Aluminium is in perfect uptrend .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 Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 109-108-106-. Immediate resistance for Aluminium is 110

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 107 The Aluminium is now trading is approaching overbought level. The oscillator is showing BUY signal

Intraday Trend- Buy is advised above 111.4 with a stop at 109 Below 108.4 go for sell with a stop at 110.8





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