ALUMINIUM UPDATES FOR APRIL 3 2016

SUNDAY



WEEKLY UPDATE




Mcx Aluminum last week bounced from bottom levels of say 98 – 103 levels and



closed at 102.2 levels, trend for the commodity remains intact and any



correction is an opportunity to buy the commodity for target 105 levels,



immediate supports for the commodity is at 101 levels and resistance at 103 and 105 levels.




Weekly Call :




Buy Mcx Aluminum on dips between 100.5 – 101




with SL below 99




for targets 103 and 105 levels.





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