CAPITAL STROKE UPDATE 06-JAN-2015 : MCX ALUMINIUM

Trend updated for-Jan/06/2014.CMP-115 Overall trend of the Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . In last few days volume based selling happened in the Aluminium Noting point is selling at lower levels seems decreasing. The Aluminium is now trading in oversold level. The Aluminium is now trading in oversold level. The oscillator is showing BUY signal For short term Aluminium is in HOLD SHORT position and closed below 1 month low with volume signals down breakout.Positionally Immediate support for Aluminium is 114.Resistance for the Aluminium is 117-118-120-122-123-

For more details visit: http://www.capitalstroke.com/ or contact on 0731-3299704