MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 10-07-2017
MTECHTIPS Mcx aluminium weekly- hit fresh high 125.8 given targets 126.2 and 128.6Mcx aluminium future this week closed at 124.65 with gain. This was second gaining week for aluminium prices and in these 2 weeks aluminium rallied from low of 119 to highs of almost 126 rupees. This week mcx aluminium future hit high around 125.8 and low was at 123.7. Mcx aluminium price trend above 122.6 was bullish and on upside my given bullish targets were 126.2 and then 128.6. This week almost hit 126.2 level with high 125.8. Above 122.6 will remain buy and accumulate for targets 126.2 and then 128.6. From long term view, mcx aluminum future hit its 2017 investment target of 128 and then given correction up to 119 rupee now resumed up trend and will head for 128 rupee level.