Aluminium trading at 3 years SupportAluminium is trading at 3 yrs support, and the RISK/Reward ratio looks attractive..
For Target, SL,please check the graph.
MCX ALUMINIUM - LOOKING GOOD FOR A SHORT TRADE ?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 ar
Interesting Pattern unveils in AluminiumSince 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.
Aluminum is still in redOm 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 signi
ALUMINUM_LONGAluminum 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 recom
Aluminium Futures ( Continues )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
Aluminium monthly idea in dayrepublishing my aluminium monthly idea in day time frame to show the price progress
Aluminium month, 28.02.2023Publishing herewith my idea about aluminum for next month using day time frame
AluminiumLooks 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
See all ideas
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions
The current price of Aluminum Futures (Feb 2025) is 2,606.75 USD — it has fallen −0.07% in the past 24 hours. Watch Aluminum Futures (Feb 2025) price in more detail on the chart.
The volume of Aluminum Futures (Feb 2025) is 1.36 K. Track more important stats on the Aluminum Futures (Feb 2025) chart.
The nearest expiration date for Aluminum Futures (Feb 2025) is Feb 26, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Aluminum Futures (Feb 2025) before Feb 26, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Aluminum Futures (Feb 2025) this number is 457.00. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Aluminum Futures (Feb 2025) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Aluminum Futures (Feb 2025). Today its technical rating is strong buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Aluminum Futures (Feb 2025) technicals for a more comprehensive analysis.