Showing posts with label aluminium. Show all posts
Showing posts with label aluminium. Show all posts

Wednesday, 24 September 2014

Aluminium View 24-Sep-2014

CMP 118.4.

If Alum supported by 117.30, I expect 119.30, 119.7-120-120.5-121.2-121.75-122.4-123.1-124.

If Alum Restricted by 129, I expect a big fall from this up move minimum tgt of 117.30. Further targets: 115-114.6-112.8-111.9-110.2-109.4-107.3-105.7.




Buy on dips, Sell on Rise.
Buy SL 117.2
Sell SL 129.2

Friday, 6 June 2014

Aluminium Analysis 6-June-2014

Aluminium Analysis Based on Hourly Chart
If 109.7 restricts we can see retracements. Retracement levels are: 107.70, 106.5, 104.5, 103.8. Inner levels can be seen in the chart.


This view is only valid until aluminum breaks 109.7/110 levels. Any any Sell Strict SL should be 110.30.

Thursday, 5 June 2014

Intraday Calls 5-June-2014 - PreMarket

Premarket Strategy 5-June-2014


Natural Gas:
If 277.5 resists, we may see 273, 269.

Crude:
We may see some down fall towards 6085. If that happens, we can buy with stoploss 6055, targets: 6100, 6139, 6154, 6175.

Aluminium:
Support: 107.50 Resistance: 109.80.
Trade Idea:
Buy between: 108.10 - 107.9, SL 107.5, Target: 108.65/109/109.3
Sell between 109.00-109.3, SL 109.8, Target: 107.6, 106.9, 106.30

Copper:
If and if only 405 supports, we may see a big rally.
Support: 405
Risky trade: Buy between 406-406.5, SL 404.5, Target: 407.6, 408.8.
If 405 holds support, positional target are: 415, 418, 422 and above.