MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 05-05-2017

MTECHTIPS MCX ALUMINIUM INTRADAY trading tips 05-05-2017
MTECHTIPS Aluminium trading range for the day is 121.6-123.8.Aluminium prices dropped as pressure continues as LME ended with a 0.6 percent decline on worries over cooling demand.Global aluminium demand is now expected to rise 4-6 percent in 2017 compared to Hydros earlier view of 3-5 percent.A report showed that new orders for goods manufactured in the United States rose for a fourth month in March, but by less than expected.
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