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Sunday, February 12, 2017

ALUMINIUM UPDATES FOR FEB 12 2017

SUNDAY




WEEKLY UPDATE




Mcx Aluminum was trading in the narrow range for more than a week between 122 – 123 levels and



on Friday prices has given a breakout and closed at 124.9 almost at 125 levels, trend for



the commodity remains bullish for now and we expect prices to give further move up to 128 levels



in the days to come strong supports for the commodity is at 122.8 levels.



Buy on dips is advisable.



Weekly Call :



Buy Mcx Aluminum on dips between 124 – 124.5




with SL below 122.75



for targets 127 – 128.




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