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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