Report for Date: 24/09/2016
MCX Aluminum September: Higher Range Is To Exit Long
MCX Aluminum (Price figures below are in Rs/INR per Kg) Traders long can revise up the stop loss to 108.
Resistance will be at 108.9-109.5-110.
Further rise is above 110.
Traders already long may take profits at 108.9-111 as the opportunity arises.
TREND INFORMATION WITH INTRA-DAY LEVELS
STRATEGY
CLOSE
DRV
TREND*
Trend
Price
Date
L1
L2
CP
L3
L4
Hold Long