mcx aluminium weekly technical report-date 7 to 11 dec. 2015

Mcx aluminium December expiry future, this week closed at 101.7 with gain. This was second weekly gains for this base metal. Aluminium future is now at its 20 weeks averages level and heading towards 50 and 100 weeks averages. Which are now at 107 and 112.   For next week, aluminium future might continue long-term recovery after small correction. On the downside, 98 and 96 support zones for next week and these are also fresh entry zones for traders. On the upside, 104 and 107 are resistances as well as target zones. 107 will be ultimate target zones for this inverse head and shoulder pattern on daily chart. Mcx aluminium monthly chart also suggesting 107 targets on the upside. mcx aluminium weekly technical report-date 7 to 11 dec. 2015

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
COPYRIGHT © 2009-2018. Pramod Baviskar. Dalal street winners advisory and coaching services. FAQ | Disclaimer | Privacy Policy

This website is best viewed using Microsoft Internet Explorer 9 or higher, and/or latest version of Google Chrome and Mozila Firefox browsers.