MCX-Aluminium moves above key hurdle
The MCX-Aluminium futures contract on the Multi Commodity Exchange (MCX) is getting a breather. The contract seems to have formed a good base above ₹120 a kg in the past week. Subsequently, the contract surged on Monday, breaking above the key ₹121.5-₹122 resistance band. It is currently trading at ₹122.15 . The downside pressure will ease if the contract manages to sustain above ₹122. In such a ...
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