MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 06-12-2018

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips  06-12-2018

MTECHTIPS  Aluminium is bearish for medium-long term .Currently Aluminium is in downtrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is on BUY Signal and Aluminium is recovering from oversold level For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 139-137-.Resistance for the Aluminium is 146-147- Short term and Intraday Level of ALUMINIUM Currently Aluminium is in HOLD LONG position Aluminium is in profit booking mode so hold with stop at 139 The oscillator is showing BUY signal  Intraday Trend- Buy is advised only above 141 with a stop at 139.4 Below 139.1 go for sell and put stop at 140.7

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