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akshit_official
Apr 2, 2024 8:45 AM

MCX ALUMINIUM - LOOKING GOOD FOR A SHORT TRADE ? Short

Aluminium FuturesMCX

Description

MCX ALUMINIUM is currently trading at 212.

210-215 is a good resistance zone for Aluminium as per price action and longterm charts.

Hence I'm opening short positions in MCX Aluminium Futures at CMP 212.

I will be adding more position if 215 comes & will hold with SL 218.

Targets I'm expecting are 205-202 & beyond.





Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!

Comment

CMP 217

adding more short position here.
Avg sell price now is 214.50
Holding with updated SL 220

Trade closed: stop reached

CMP 220.30

SL reached. Trade closed.
5 rupees SL taken.
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