February 28, 2017


MTECHTIPS MCX Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend with good momentum and the trend is supported with good volume 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. For short term Aluminium is in SELL position.Positionally Immediate support for Aluminium is 104.Resistance for the Aluminium is 105-106-108-109-




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