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MCX SEP ALUMINIUM  MARKET RECOMMENDATION

Mtechtips ALUMINIUM MCX  intraday trading analysis 3-9-2012

Mcx aluminium sep expiry future last closing price was 104.95.on daily chart mcx aluminium new contract opened above 3 month level of 104.5.last closing was above that so short term uptrend is on long side.for next week,mcx aluminium future resistance levels are 105.8-106.2 and 108.5 while on downside 104.5-104 and 103.9 are short term averages which will act now as supports