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
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...
1)Head and shoulders pattern breakout 2) Above 20,50,200 Ema 3) Rsi going up from 50 GO LONG !!
Inverted H&S in aluminium, i'm looking to pre-empt... Any takers??
After almost 6 months, aluminium now looking for reversal. Inverted H&S in making. one can look for weekly chart for more clarity.
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.
Aluminium MCX elliot wave pattern analysis with all calculated fibonacci levels.
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!!!
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....
almunium is going up taget 219.15, and second is 219.30
MCX:ALUMINIUM1! Long Entry 214.95 Stop loss 203.85 Target 01 : 230.70 Target 02 : 237.45
aluminium bullish sign in 4hr time frame 229 resistance line cross will be buying for this
aluminium traingle breakput bullish movement @ 235 tgt price
Aluminium MCX Short Term Chart Pattern. Aluminium is bullish & forming a cup & Handle pattern with a target price of around 220 Rs/kg.
Aluminium went on a profit booking a few days back, now the market structure looks good for a buy. If a 4H candle closes above 192.45 that's when the entry for buy(Aggressive buy). At 4H there is a proper ascending trend line, now the CMP has taken support over the ascending trend line. Can expect a target of 208 in a month, and another target of 218 might take...
Buy Aluminium On Dip To 190-189-188 Strict SL - 186.9 Target - 193.7/195/198
Target 1+ points Please consider the main support & resistance levels. Trade with stop loss. *Disclaimer: I just shares my view. Please trade with your own and comfortable ideas.