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Sunday, May 24, 2015

ALUMINIUM UPDATES FOR MAY 24 2015

SUNDAY



WEEKLY UPDATE




Mcx Aluminum prices dropped from its overall peak 125 levels to 110 levels,



strong supports for the commodity is now at 109.7 levels any break below 109.7 levels




may correct further up to 107.7 levels immediately with resistance at 111.5 levels



and any further break and close below 107.7 levels may correct further up to 105 levels.




Weekly Call :




Sell Aluminum only below 109.7




with stops above 111.5 for target 107.7 //




any close below 107.7 may correct further up to 105 levels.



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Thursday, May 21, 2015

mcx zincm t1 almts ach at 13.5, low 138.55, sells at 140.7-140.9..book profits
mcx alum low 111.35, sells at 112.-112.2

ALUMINIUM UPDATES FOR MAY 21 2015

THURSDAY 12.35 PM IST





TRADING CALL



Sell MCX Aluminium May at Rs 112 to 112.20



Stop loss above Rs 113.40



Tgt 111/ 110



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