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Sunday, November 9, 2014

ALUMINIUM UPDATES FOR NOV 9 2014

SUNDAY

WEEKLY UPDATE


Mcx Aluminum trades very weak , last week prices moved to test 128 levels

but bears upper hand is seen in the market there by prices dropped back

to 127 levels, key supports for the commodity is now at 126.5 any close

below 126.5 then we expect a steep correction in aluminum to take place

up to 123 levels.

Weekly Call :

Sell Aluminum only on close below 126.5 levels

with stops above 128

for targets 124 and 123.


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