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MCX Aluminum October 2018: Downwards Sideways Movement Witnessed

23 Oct 2018 10:41 am
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Report for Date: 23/10/2018


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MCX Aluminum (Price figures below are in Rs/INR per Kg)


Correction and down move continues.

Lower range for the day can be 147.2-145.50.

Similarly resistance will be at 149-151.

Sell on rise from 148-149 with a stop loss of 151.10.




TREND INFORMATION WITH INTRA-DAY LEVELS

CLOSE

DRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

147.80

149.76

DOWN

149.80


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