MTECHTIPS MCX ALUMINIUM INTRADAY trading tips  18-12-2018

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 18-12-2018 MTECHTIPS Aluminium is bearish for medium-long term .Currently Aluminium is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORT position.Positionally Support for the Aluminium is 138-137-.Resistance for the Aluminium is 143-145-146- 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 Selling pressure seems to be deceasing So Short term sellers have to take a cautious approach.Short only below 136.8 The Aluminium is now trading is approaching oversold level. The oscillator is showing SELL signal Intraday Trend- Buy is advised only above 140.3 with a stop at 137.8 Below 137.2 go for sell and put stop at 139.7 WWW.MTECHTIPS.COM 07489294118-119
Published on Dec 18 2018 10:44AM, by MTECHTIPS in Commodity tips| Share This




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