mcx aluminium weekly technical outlook for 16 to 20 nov 2015


mcx aluminium this week closed at 98.4 with loss.
this was first losing week after last week recovery move.

aluminium future price trend and momentum are
bearish but recovery rally still active.

mcx aluminium weekly support zones are 95.6 and 91.4.
mcx aluminium weekly resistance zones are 100.8 and 103.

mcx aluminium future weekly trading call will be
buy and accumulate around or below support zones
with strict stoploss for targets 100.8 and 103.