Thursday 15 January 2015

CAPITAL STROKE UPDATE 16-JAN-2015 : MCX ALUMINIUM

Trend updated for-Jan/16/2014.CMP-110 Overall trend of the Alumini is bearish for medium-long term Currently Alumini is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend .. The Alumini is now trading in highly oversold level. The Alumini is now trading in highly oversold level. The oscillator is showing BUY signal For short term Alumini is in HOLD SHORT position.Positionally Immediate support for Alumini is 109.Resistance for the Alumini is 113-114-117-121-

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