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MTECHTIPS MCX ALUMINIUM INTRADAY trading analysis 06-01-2016

Wednesday, January 6, 2016 2:33
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MTECHTIPS MCX ALUMINIUM INTRADAY trading analysis 06-01-2016

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Mcx aluminium Support at 97.50 and Resistance at 100.00 Looks weak and could test its support level of 97.50. Three consecutive closes + weekly close below 97.50 will see sharp downside panic till 93.00—92.00 and then to 88.00 mark in days to come Else it could test its resistance level of 100.00 again. Major Hurdle at 102.00.

 

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