Trend updated for-May/13/2016.CMP-103 Overall trend of the Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Aluminium is in SELL position and closed below 3 week low with volume signals down breakout.Positionally Immediate support for Aluminium is 103.Resistance for the Aluminium is 104-106-107-108-
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Friday, 13 May 2016
CAPITAL STROKE UPDATE 13-May-2016 MCX Aluminium
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