mcx aluminium weekly outlook for 19 to 23 oct 2015

aluminium future this week closed at 99.6 with loss.
aluminium 5 weeks trend channel is down
and 20 weeks trend channel is down.
weekly chart RSI is at 35 with sell signal.
mcx aluminium weekly support zones are 96.5 and 94.55.
mcx aluminium weekly resistance zones are 101.7 and 103.
mcx aluminium weekly trading call will be
buy mcx aluminium future near 95-96
with strict stop loss below 93
for targets 102 and then 103.

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Pramod Baviskar

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