Wednesday 14 January 2015

CAPITAL STROKE UPDATE 15-JAN-2015 : MCX ALUMINIUM

Trend updated for-Jan/15/2014.CMP-110 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 .. 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.Positionally Immediate support for Aluminium is 109.Resistance for the Aluminium is 113-114-117-121-122-

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