Aluminium (MAL3)

Currency in USD
3,619.52
-9.48(-0.26%)
Closed·

Aluminium Discussions

Good morning
Reason for this bullish run ??
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Forecasts of a 2 million ton deficit in the aluminum market due to tensions in the Strait of Hormuz
Mercuria expects a deficit in the aluminum market of no less than 2 million tons by the end of the year, based on estimates described as conservative. A return to stability depends on improved flows of “alumina” through the Strait of Hormuz.
Forecasts of a 2 million ton deficit in the aluminum market due to tensions in the Strait of Hormuz
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Next 3650 then 3800
MONTHLY TREND : BUY ALUMINIUM 362.3 TGT 374,393.4 SL 338.9
BUY ALUMINIUM 366.1 TGT 367.2,369 SL 363.9
INTRADAY
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3680 / 3750
Bearish phase of aluminium has begun.
bearish aluminum would mean bearish copper and a global recession because the supply from middle isn't is temporary disrupted it's been cut off from the the supply chain
mcx open price
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2680 with in hours then 2750
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Next target 2680 / 2750
aluminium support and resistance for next week as per current geo political issues.???????
Aluminium update???
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🚀🚀🚀🚀🚀
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UP UP UP
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UP UP UP
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sell 375..... SL 378.5........tgt 370...367.... soon
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Soon 370 - 375 / long term 4000
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4000
When
4300
Reversal begins in aluminium.
buy aluminium 368 tgt 369,370.8 sl 365.8
trendmicrotm1 at tally??? cram??
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