sell mcx aluminium future around 97.1 TGT 90

sell mcx aluminium nov future around 97.1+
with stop loss for positional target 90
in next 3 to 5 trading sessions.
mcx aluminium future recovery rally faltered
after touching and breakout above 50 ema.
this base metal resumed primary downtrend
97.5-98 is major supply zone and aluminum failed
to overcome it which might result in fresh selling.
downside support as well as target zones are 93 and 90.
on upside 98 and 100.7 are strong resistances.
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Updated: 18/11/2015 — 10:45 PM

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Pramod Baviskar

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