SUNDAY
WEEKLY UPDATE
Aluminum was trading in negative bias for more than a month and was closed exactly
above its srtong supports, if prices gives a breakdown below 117 itself will confirm
the bearish trend, but still breakdown take place only below 116.3 if closes below 116.3
then we exact a sharp correction to take place in the commodity up to 114 to 112 levels.
Weekly Calls:
Sell Aluminum only below 116.3 on closing basis
with stops above 118
for targets 114 and 112.
