MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 10-12-2018

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips  10-12-2018

MTECHTIPS  Aluminium is bearish for medium-long term .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 139-137-.Resistance for the Aluminium is 146- Short term and Intraday Level of ALUMINIUM Currently Aluminium is in HOLD SHORT position In short term Aluminium is in strong up trend so hold with stop at 138 The Aluminium is now trading is approaching overbought level. The oscillator is on SELL signal and Aluminium is coming down from overbought level Intraday Trend- Buy is advised above 142.4 with a stop at 139.1 Below 138.2 go for sell with a stop at 141.5

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