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MTECHTIPS:ALUMINIUM TRADING ANALYSIS & STRONG BUY/SELL LEVEL 11-03-2013

MTECHTIPS:ALUMINIUM TRADING ANALYSIS & STRONG BUY/SELL LEVEL 11-03-2013

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MTECHTIPS

MTECHTIPS:ALUMINIUM TRADING ANALYSIS & STRONG BUY/SELL LEVEL 11-03-2013

Mcx aluminium future this week closed with 2% loss at 105.7.this week mcx aluminium future high was 108.2 while low was 105.5.almost 3 rupee move and continuation of downtrend.this was 3rd week of weakness and in this period aluminium future lost almost 12 rupees.for next week outlook remain negative but with caution as indicators oversold. on downside expect 103-101 as target levels while on upside 106.5 and 109 are strong resistances.aluminium weekly cci si –67 and near support while rsi is 45 and clearly with sell signal.

WWW.MTECHTIPS.COM
07489294118-119
MTECHTIPS

MTECHTIPS:ALUMINIUM TRADING ANALYSIS & STRONG BUY/SELL LEVEL 11-03-2013

Mcx aluminium future this week closed with 2% loss at 105.7.this week mcx aluminium future high was 108.2 while low was 105.5.almost 3 rupee move and continuation of downtrend.this was 3rd week of weakness and in this period aluminium future lost almost 12 rupees.for next week outlook remain negative but with caution as indicators oversold. on downside expect 103-101 as target levels while on upside 106.5 and 109 are strong resistances.aluminium weekly cci si –67 and near support while rsi is 45 and clearly with sell signal.

WWW.MTECHTIPS.COM
07489294118-119

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Published by: MtechTips on Mar 11, 2013
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05/14/2014

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MTECHTIPS MTECHTIPS: 11-03-2013 TRADING ANALYSIS FOR ALUMINIUM

Mcx aluminium future this week closed with 2% loss at 105.7.this week mcx aluminium future high was 108.2 while low was 105.5.almost 3 rupee move and continuation of downtrend.this was 3rd week of weakness and in this period aluminium future lost almost 12 rupees.for next week outlook remain negative but with caution as indicators oversold. on downside expect 103-101 as target levels while on upside 106.5 and 109 are strong resistances.aluminium weekly cci si –67 and near support while rsi is 45 and clearly with sell signal. WWW.MTECHTIPS.COM 07489294118-119

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