Mcx aluminium reversal move tgts 118.65-121+

Mcx aluminium reversal move tgts 118.65-121

Mcx aluminium technical call for 22 November 2016

Mcx aluminium future last closed at 117.55. We saw strong reversal in aluminium prices on fresh buying as well as short covering. Aluminium has taken support above 113 and now moving towards previous highs. On upside 118.65 and then 121.8 are resistances as well as major target zones.

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