aluminium intraday trading levels for 16 oct 2015

aluminium future today closed at 100.25 with loss.
 
On daily chart, aluminium future 1 week price channel is down.
And 1 month price channel is showing downtrend.
Daily chart RSI is at 37 and bearish.
 
mcx aluminium intraday support levels are 99.25 and 98.5.
mcx aluminium intraday resistance levels are 101 and 103.
 
mcx aluminium intraday trade will be
sell mcx aluminium oct future around 101
with stop loss for target 99.25 and below.

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Pramod Baviskar

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