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Sunday, August 30, 2015

ALUMINIUM UPDATES FOR AUG 30 2015

SUNDAY





SUNDAY





WEEKLY UPDATE


Mcx Aluminum was trading in the range between 100 – 102 for last three weeks and last week closing prices



has given a breakout above 102 levels and went up to 102.9 then dropped back below its strong resistance



102.6 levels, however trend for the commodity looks very positive with strong supports at 100 levels,



buy on dips is advisable.


Weekly call



Buy A;uminium on dips between 104 to 105 ,




sl below 102.50 ,



Tgt 107/5- and 108.50




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