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Sunday, February 21, 2016

ALUMINIUM UPDATES FOR FEB 21 2016

SUNDAY




WEEKLY UPDATE'




Mcx Aluminum last week given a breakout above 105 levels and moved up to 107.6, aluminum



is expected to test 110 levels in the days to come with strong supports below 105 levels,



immediate supports for the commodity is now at 106 and then at 105.5 levels,




resistance at 109 and 110 levels.




Weekly Call :




Buy Mcx Aluminum at cmp 107.5




and add further on dips up to 107



with SL below 105.5



for target 110.


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