MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 27-11-2018

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips  27-11-2018

MTECHTIPS  Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The Aluminium is now trading in highly oversold level. The Aluminium is now trading in highly oversold level. The oscillator is showing BUY signal For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for Aluminium is 135.Resistance for the Aluminium is 140-141-143-146-147- Short term and Intraday Level of ALUMINIUM Currently Aluminium is in SELL position Aluminium is in sideways and sellers was at high so for short term better buy above 138.4 or hold with stop at 135.8 The next resistance will be at 139.5 The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 138.4 with a stop at 136.6 Below 136.2 go for sell and put stop at 138

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