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MCX Aluminum September: Higher Range Is To Exit Long

26 Sep 2016 10:14 am
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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


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STRATEGY

CLOSE

DRV

TREND*

Trend

Price

Trend

Date

L1

L2

CP

L3

L4

Hold Long

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