MCX Aluminum September: Further Rise Is Above 110.4

Report for Date: 28/09/2016

MCX Aluminum September: Further Rise Is Above 110.4

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

Accumulate on correction to 108-106 with a stop loss of 105.80

Resistance is at 109.2-109.9-111.80.

Use rise to exit long to 109.20-110.40.

Further rise can continue above 110.4 closing.

TREND INFORMATION WITH INTRA-DAY LEVELS

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STRATEGY	CLOSE	DRV	TREND*	Trend Price	Trend Date	L1	L2	CP	L3	L4
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