ALUMINIUM UPDATES FOR JUNE 5 2016

SUNDAY


WEEKLY UPDATE



Mcx Aluminum was trading in the range between 102.5 – 106 levels, prices went



up to 106 levels but was not able to sustain at higher levels and dropped




back to 103.5 levels sell on rises is advisable immediate resistance for



the commodity is at 104.5 – 105 levels and supports for the



commodity is at 103 – 102.5 levels.




Weekly Call :




Sell Mcx Aluminum on rises between 104 – 104.5



with SL above 106



for target 102 levels.