CAPITAL STROKE UPDATE 09-JAN-2015 : MCX ALUMINUM

Trend updated for-Jan/09/2014.CMP-114 Overall trend of the Alumini is bearish for medium-long term Currently Alumini is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . In last few days volume based selling happened in the Alumini. The Alumini is now trading in oversold level. The Alumini is now trading in oversold level. The oscillator is showing BUY signal For short term Alumini is in HOLD SHORT position.Positionally Immediate support for Alumini is 111.Resistance for the Alumini is 115-116-119-122-

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