MCX Aluminum December: Exit Long On The Rise

Report for Date: 1/12/15

MCX Aluminum December: Exit Long On The Rise

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

Exit long on rise from 97 to 98.1 as the opportunity arises.

Expect lower range of 96.4-94.60 to be tested.

TREND INFORMATION WITH INTRA-DAY LEVELS

STRATEGY	CLOSE	DRV	TREND*	Trend Price	Trend Date	L1	L2	CP	L3	L4
Hold Short	97.0	98.4	DOWN	97.0	30.11	94.6	96.4	97.5	98.1	99.9

*Trend will remain Down as long as last close is below the pink color DRV. Trend will be Up as long as Price is above DRV.

PRICE, VOLUME AND OPEN INTEREST STRATEGY

Last Close	Price G/L%	Volume	V -G/L%	Open Interest	OI -G/L %	Candle	Position
97.0	-1.5	37610000	115.2	4704	82.4	Negative	Addition Short

TECHINCAL INDICATORS TABLE

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RSI	1-ROC-RSI	Stochastic	1-ROC- Stochastic	MACD	1-ROC MACD	RS	1-ROC RS
41.70	-8.84	50.00	-16.67	-0.85	-9.70
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