Buy Aluminium Above 175 SL BELOW 174 TGT 176.50/177 - Axis Securities
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ALUMINIUM
MCX Aluminium price is trading above the trend line, price is expected to trade positively. Any breakout above 175 next leg of the rally would push the price higher towards 176.50/177 levels in intraday. Price is ging to trade above 9,21&60 hourly EMA which is a bullish sign for the prices.
BUY ALUMINIUM ABOVE 175 SL BELOW 174 TGT 176.50/177
NATURAL
MCX Natural gas price failed to break it's previous high, price is expected to trade negatively. Any breakdown below 182 would drag down the price lower towards 177/175 levels in intraday, The momentum indicator is forming lower lows which is a bearish sign for the prices.
SELL NATURAL GAS BELOW 182 SL ABOVE 186 TGT 177/175
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