MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 21-11-2018

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips  21-11-2018

MTECHTIPS  Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Aluminium is now trading in oversold level. The Aluminium is now trading in oversold level. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for Aluminium is 136.Resistance for the Aluminium is 142-143-144-146-147-148- Short term and Intraday Level of ALUMINIUM Currently Aluminium is in HOLD SHORT position Aluminium is in sideways so for short term better buy above 141.15 with stop at 137.2 The Aluminium is now trading in highly oversold level. The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 140.6 with a stop at 137.7 Below 136.9 go for sell and put stop at 139.8

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