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Sunday, August 16, 2015

ALUMINIUM UPDATES FOR AUG 16 2015

SUNDAY




WEEKLY UPDATE



Mcx Aluminum was trading in the range between 100 to 102.5 levels for the whole week no major momentum


was seen in the market but any break out above 102.5 may give a push up to 105 levels with strong


supports below 100 levels, immediate supports for the commodity is now at 101 and resistance


at 102 and 102.5 levels, buy only above 102.5 is advisable.



Weekly Update :




Buy Aluminum or Alumini only above 102.5



and add further on dips up to 102



with stops below 100



for target 105.




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