free aluminium tips 9 oct 2015

aluminium oct future today is trading at 99.95 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 27 and bearish.
 
mcx aluminium intraday support levels are 99.3 and 99.
And mcx aluminium intraday resistance levels are 100.2 and 100.7.
 
mcx aluminium intraday trade will be buy on decline with stop loss
expect bounce back rally from oversold zone in short to medium terms.

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Pramod Baviskar

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