MCX ALUMINUM
REPORT
Aluminum
September 18 (previous day close/CMP Rs.152.25):
Bullish
over 149.90 with 162.10 as price target.
Bearish
below 146.90 with 143.40 as price target.
Neutral
Zone: 146.90-149.90
One
Support: 149.90
One
Resistance: 154.60
o
Aluminum can rise to 162.10 by next week as long as it
trades over 147.30.
o
Sellers will be there below 147.30
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