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Sunday, July 19, 2015

ALUMINIUM UPDATES FOR JULY 19 2015

SUNDAY



WEEKLY UPDATE



Mcx Aluminum was recovered from its early loses and moved up to 107.7 levels which is considered as very strong




resistance levels prices was not able to move further and dropped back and closed at 105.8 levels, close below 106



is considered as short term bearish and we expect prices to corr



ect further up to 103 to 102 levels with same resistance as stops .




Weekly Call :



Sell Mcx Aluminum or Alumini only below 106



add further on rises up to 106.7 levels



with stops above 107.7 levels



for targets 103 and 102 levels.


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