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Insignia Consultants
Wednesday, March 22, 2023 TIME 10:40 AM IST
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MCX ALUMINUM REPORT
I expect a “V shaped” price moves in all base metals today and tomorrow. There can be a big gap open tomorrow due to Federal Reserve Meeting after MCX Close.
Aluminum Mini March 2023: (CMP Rs.202.55)
- Key Support:200.20 and 201.60
- Key Resistance: 203.20 and 207.10
- Aluminum Mini has to trade over 201.60 to rise to 205.00 and 207.60.
- Sellers will be there only if aluminum mini trades below 201.60 today.
- Key medium support is between 196-198 zone. (just in case price plunges due to whatever reason.)
(prices in Indian Rupees above)
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NOTES TO THE ABOVE REPORT
ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED
PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT
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