Tuesday 3 June 2014

CAPITAL STROKE UPDATE 3-June-2014 : MCX ALUMINIUM




Aluminium trading range for the day is 107.6-110.
Aluminium ended with gains as prices got supported as economic indicators from the US were upbeat.
In the euro zone, France’s final manufacturing PMI dropped to 49.6 in May, arresting a rising stream through March to April

Technically market is under short covering as market has witnessed drop in open interest by -0.26% to settled at 3127.

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