SUNDAY
WEEKLY UPDATE
Out of all base metals we feel aluminum is the only commodity which looks
very bearish for now any close below 117.8 levels or a decisive break
down below the said level will push down the prices to 115 to 114 levels
before expiry. Resistance for the commodity is at 119.25 levels.
Weekly Call :
Sell Current month Aluminum only below 117.8
with stops above 119.25
for targets 116 , 115 and 114..
WEEKLY UPDATE
Out of all base metals we feel aluminum is the only commodity which looks
very bearish for now any close below 117.8 levels or a decisive break
down below the said level will push down the prices to 115 to 114 levels
before expiry. Resistance for the commodity is at 119.25 levels.
Weekly Call :
Sell Current month Aluminum only below 117.8
with stops above 119.25
for targets 116 , 115 and 114..