SUNDAY
WEEKLY UPDATE
WEEKLY UPDATE
Mcx Aluminum last week jumped after a
breakout above 106
levels to test 110 levels week end prices closed at 108.65
levels,
prices was consolidated near 104 – 106 for nearly two weeks
and given a
breakout above 106 levels, immediate supports for
the commodity is at 107.7 and
106.3 levels resistance for the
commodity is at 110 – 111 levels.
Buy on dips
is advisable.
Weekly Call :
Buy Mcx Aluminum on dips between
107.75 – 108.25
with SL below 106
for
targets 110 – 111.
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