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Sunday, May 15, 2016

ALUMINIUM UPDATES FOR MAY 15 2016

SUNDAY


WEEKLY UPDATE




Mcx Aluminum was trading in negative zone for more than two weeks and was


dropped well below 105 levels and closed at 103 levels,


immediate resistance for the commodity is at 105 and



supports at 101 and 100 levels sell on rises is advisable.



Weekly Call :



Sell Mcx Aluminum on rises between 103.5 – 103.8



with SL above 105.5



for targets 101 – 100.





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