Aluminium futures break out, buy on a dip

[ad_1] Aluminium futures on the Multi Commodity Exchange (MCX) began its latest leg of rally in early March, after finding support at ₹200. The contract gained enough momentum and consequently, it broke out of the resistance at ₹210 this week....

Aluminium Futures: Uptrend intact. Go long

[ad_1] Aluminium price has been volatile so far this week. The Aluminium futures (April) contract on the Multi Commodity Exchange (MCX) fell sharply from a high of ₹209.50 per kg to a low of ₹206.30 on Tuesday. From there, the...

Aluminium futures could extend the upside

[ad_1] Aluminium futures on the Multi Commodity Exchange (MCX) bounced off ₹198 last week. On Monday, it closed at ₹202.05, which has also lifted the contract above the 20-day moving average (DMA). Thus, the bullish bias is retained by aluminium...