MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 26-11-2018

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips  26-11-2018

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 . Noting point is selling at lower levels seems decreasing. 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 SELL position.Positionally Immediate support for Aluminium is 135.Resistance for the Aluminium is 140-142-143-146-147- Short term and Intraday Level of ALUMINIUM Currently Aluminium is in HOLD SHORT position The Aluminium is in downtrend For short term buy only if close above 139.0 The oscillator is showing BUY signal  Intraday Trend- Buy is advised above 138.7 with a stop at 135.5 Below 134.6 go for sell

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