Report for Date: 28/06/1 6
MCX Aluminum June: Exit Long On The Rise
MCX Aluminum (Price figures below are in Rs/INR per Kg)
Exit long on rise from 107.9 or above as the opportunity arises.
Expect lower range of 107.3-105.5 to be tested.
TREND INFORMATION WITH INTRA-DAY LEVELS
STRATEGY
CLOSE
DRV
TREND*
Trend
Price
Trend
Date
L1
L2
CP
L3
L4
Hold Long
107.9
107.3
UP
106
8.06
105.5
107.3
108.4
109.1
110.9
*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
107.9
-1.1
33935000
-24.1
2487
-22.4
Negative
Unwinding
TECHINCAL INDICATORS TABLE
RSI
1-ROC-RSI
Stochastic
1-ROC-
Stochastic
MACD
1-ROC
MACD
RS
1-ROC
RS
52.23
-10.10
50.00
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