19 SEPTEMBER 2011moneycontrol
Outlook on Aluminium: Kotak Commodity
Edited by : AL CIRCLE
1 min read
MCX Aluminum may trade with negative bias tracking weakness in copper prices. However recent fall in stocks at LME warehouses may cap the downside. Stocks at LME fell by 22950 tonnes last week while those at SHFE fell by 1334 tonnes. Support for Aluminum September contract is seen at Rs.109.5 while resistance of Rs.112.5.
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