MCX ALUMINIUM - LOOKING GOOD FOR A SHORT TRADE ?
MCX ALUMINIUM is currently trading at 212.
210-215 is a good resistance zone for Aluminium as per price action and longterm charts.
Hence I'm opening short positions in MCX Aluminium Futures at CMP 212.
I will be adding more position if 215 comes & will hold with SL 218.
Targets I'm expecting are 205-202 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
210-215 is a good resistance zone for Aluminium as per price action and longterm charts.
Hence I'm opening short positions in MCX Aluminium Futures at CMP 212.
I will be adding more position if 215 comes & will hold with SL 218.
Targets I'm expecting are 205-202 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Trade fechado: stop atingido:
CMP 220.30
SL reached. Trade closed.
5 rupees SL taken.
SL reached. Trade closed.
5 rupees SL taken.
adding more short position here.
Avg sell price now is 214.50
Holding with updated SL 220