Alumina FOB Australia (Platts) Futures trade ideas

akshit_official Updated 

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...

Investorhub_

Short #Aluminium for marked target. Strict SL according to your capacity.

naveen_kumar_PS Updated 

Since the Chinese Index is Bottoming Out and Aluminum at its 4th wave Correction end , One can expect a good bull run in Aluminum in the coming months.

sudhannayak

Om Namah Shivay Aluminum has traded from 93 lifetime low to 325 lifetimes high. Made high during March 2022 before 1.5 years. After 1.5 years, it looks like still negative and has downward targets - only if 204 level is safe and not breached. From the weekly chart, it is clear that there is significant down trend movement pending for the white metal.

P_hetalben

Aluminum is taking weekly support with RSI reversal. As per technical analysis and expectation in world economy recovery strong demand can come from CHINA . Nearest Gann level is 196-192.52. Stop loss can be kept at 195.7-195 in MCX and weekly basis AL can touch 205 -215 in one month. I am not recommending any trade idea through this levels i try to make available...

Riddhesh1996

Hello, As we see few Mother Candles Above 215.25 we can take long entry Stop Loss will be breakout low candle This is for paper trade only No such advice to invest your money

omvats1

republishing herewith progress of aluminium monthly idea

omvats1

republishing my aluminium monthly idea in day time frame to show the price progress

omvats1

Publishing herewith my idea about aluminum for next month using day time frame

pureCraft69476

Looks like its time for 230/234 levels on aluminium... up-move that is part of a bigger Inv H&S breakout... Please refer to previous post for further details Also, similar setup seen in Zinc

vipulmehta817

Aluminium futures on MCX have broken out from head and shoulders bottom formation. The base metal futures have also completed retracement and continuation waves. The price action is bullish and seems to be heading toward measured move target of 250. Further, if the trade on Aluminium futures is bullish, we believe National Aluminium (NSE: NATIONALUM) should...

dhavalbafna

1)Head and shoulders pattern breakout 2) Above 20,50,200 Ema 3) Rsi going up from 50 GO LONG !!

pureCraft69476 Updated 

Inverted H&S in aluminium, i'm looking to pre-empt... Any takers??

maheshwarineer

After almost 6 months, aluminium now looking for reversal. Inverted H&S in making. one can look for weekly chart for more clarity.

Market_Order9

MCX:ALUMINIUM1! #MCX:ALUMINIUM1 trading bullish and near to resistance level, BO sustainability may give good upside momentum. Potential levels marked on chart !! Happy LEarning.

Sufyan_It_Is

Aluminium MCX elliot wave pattern analysis with all calculated fibonacci levels.

VedangsStudy

Aluminium is moving in channel We are upper part of Range... Break of Black line can see it retesting its lower range which broken, we can see it moving towards retesting of 200 levels... Chart is for study purpose only!!!

linesandlevels

MCX:ALUMINIUM1! Everything mentioned chart ones get breakout, one can enter as per their trade setup. Target already mentioned and that is trailing basis, stop loss recent swing low. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell....