mcx aluminium hit 120.8 positional target next support tgt 117.5

mcx aluminium future technical analysis update

mcx aluminium june expiry future suggested bearish

below 123.8 for positional swing targets 120.8 and then 117.5.

out of which mcx aluminium future hit fresh low of 120.55

and hit my given target of 120.8

below 120.8 on daily closing basis

next target will be 117.5 till june expiry.

from long term view , mcx aluminium future hit my 2017 bullish target 128

rupee and now correcting towards support of 113 rupees.

 

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Pramod Baviskar

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