mcx aluminium weekly Technical analysis for 28 dec to 1 jan 2016

mcx aluminium weekly Technical analysis for 28 dec to 1 jan 2016
mcx aluminium future this week closed with gain at 100.8.
mcx aluminium weekly chart price trend is bullish
with fresh breakout in this week.
 
 
For medium term, mcx aluminium support zones are 96.5 and 91.4.
On upside expect strong resistance at 101.55 and 106.6 levels.
 
 
For next week , aluminium prices might show rally so
keep buy on dips view for mcx aluminium future with stop loss
below 96 for target 102 and 106.
 
 
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Pramod Baviskar

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