Sunday 17 June 2018

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 18-06-2018


MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 18-06-2018

MTECHTIPS  Aluminium is showing some down move and trend is strong and supported with good volume The open interest is not increasing with trend . Caution note selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORT position.Positionally Support for the Aluminium is 147-145-.Resistance for the Aluminium is 156-157- Short term and Intraday Level of ALUMINIUM Currently Aluminium is in HOLD SHORT position Aluminium has formed a new 5 day low yesterday but failed to keep the trend so if selling has to considered better below149.9 Buy if above 158.0 The Aluminium is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised above 154 with a stop at 150.8 Below 149.9 go for sell
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