Wednesday 17 August 2016

EPIC RESEARCH MCX ALUMINIUM UPDATE OF 17 AUG 2016

Aluminium trading range for the day is 109.4-114.8. Aluminium prices ended with gains tracking firmness in LME prices on a weakening dollar Aluminum stocks in China’s five major markets began growing for the second time in nearly five months and saw their biggest weekly growth since mid-March Technically market is under fresh buying as market has witnessed gain in open interest by 74.6% to settle at 4220.
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