Forex Report and Mcx Aluminium Report : 15th March 2019

NSE Currency Futures Report : 15th March 2019

Insignia Consultants

New Delhi

Friday, March 15, 2019

TIME 9:09 AM IST                   

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MCX ALUMINUM REPORT

The recent range trade in Aluminum will be over. I expect a correction as aluminum is in surplus. Projected demand is below expectation.

Aluminum March 2019 (previous day close/CMP Rs.146.50)

o      Aluminum needs to trade over 147.20 this week to rise to 148.20 and 149.60.

o      Watch 147.00. Aluminum can move 4-5 either side from 147.00 by Monday.

Disclaimer: Any opinions as to the commentary, market information, and future direction of prices of specific currencies, metals and commodities reflect the views of the individual analyst, In no event shall Insignia Consultants or its employees  have any liability for any losses incurred in connection with any decision made, action or inaction taken by any party in reliance upon the information provided in this material; or in any delays, inaccuracies, errors in, or omissions of Information. Nothing in this article is, or should be construed as, investment advice. All analyses used herein are subjective opinions of the author and should not be considered as specific investment advice. Investors/Traders must consider all relevant risk factors including their own personal financial situation before trading.Website www.insigniaconsultants.in. Prepared by Chintan Karnani

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NOTES TO THE ABOVE REPORT

ALL VIEWS ARE INTRADAY UNLESS OTHERWISE SPECIFIED

PLEASE NOTE: HOLDS MEANS HOLDS ON DAILY CLOSING BASIS
PLEASE USE APPROPRIATE STOP LOSSES ON INTRA DAY TRADES TO LIMIT LOSSES.
ALL PRICES ARE IN INDIAN RUPEE UNLESS OTHERWISE SPECIFIED
APPROPRIATE STOP LOSSES PER LOT IN INDIAN RUPEEES ON THE TRADING CALLS GIVEN IN THIS REPORTTHE TIME GIVEN IN THE REPORT IS THE TIME OF COMPLETION OF REPORT

The analyses are based on closing price of previous day. Maintaining proper stop loss is always recommended.

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