MONDAY
WEEKLY UPDATE
Mcx Aluminum last week recovered from low of say 112 levels to test 116 levels
and dropped back to 112 levels on weekend closing we expect prices to move
towards southwards direction for the days to come with strong resistance
above 114 levels, we expect prices to correct up to 109 to 107 levels.
Weekly Call :
Sell Aluminum or alumini between 112 – 112.5
with stops above 114
for targets 109 and 107.