MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 04-05-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 04-05-2017
MTECHTIPS Aluminium trading range for the day is 122.1-124.3.Aluminium dropped tracking 0.3 percent drop in LME prices as dollar rose, ahead of a U.S. Federal Reserve statement.Aluminiums global surplus will fall sharply this year due to an environmental crackdown in top producer China and move to a deficit in 2018.Aluminium producer Norsk Hydro sees a fairly balanced market in 2017 despite a huge spike in Chinas production.
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