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Aluminium - (MAL3)

Real-time capital.com
Symbol
Exchange
Currency
MALDerivedUSD
MANc1MCXINR
SAFc1SHFECNY
ALIc1CMEUSD
ALIc2CMEUSD
ALIc3CMEUSD
MANc2MCXINR
MANc3MCXINR
Currency in USD
Disclaimer
2,524.00
-37.50(-1.46%)
Closed

Aluminium Discussions

If there are no inflation control measures, we will seem to test 2400.
2276 above soon these weeks bullish sentiments again business infrastructure stimulus package economics stance 6%GDP
Closing above 2250 will reconfirm the long growth trend. I am not a intraday flipper. I can wait until July to make 100 points. Target is 2325 by July.
Still SL is safe...
 I took a position at 2237.5. Lets wait for 2300.
I hope u can read my call perfectly...where I mentioned that it is intraday cal ???I already mentioned 3-4 days....and again requesting you Plz buy here if u are sure that it is going up...
everyone has its own style of research brother....may be ur cal is perfect may be mine....we should respect each others analysis....no one is expert here
Vaibhav Ji, after the news of China, is there still hope for Aluminum to go down, please suggest? thanks
Dear Raj ji...As per my opinion it will atleast touch 169 level..after that it can go up..
thanks a ton for your reply🙏
Amarbir Singh Sawhney brother don't panic...it will surely go down...
Dear keep ur knowledge with u...don't force u to follow this cal.....
one more thing don't speak...u make money..I love loss
Deepak Agarwal...brother u mentioned in comment that SL hit...can u pls tell me when ?? can u pls again check ?
*Secondary aluminium: prices to lack upward momentum, orders improved slightly*The fluctuation band of aluminium scrap taint was 300 yuan/mt last week, while that of aluminium scrap tense was 200 yuan/mt. Poor sales at secondary aluminium producers pressured aluminium scrap prices. Import restrictions kept supply of aluminium scrap tense tight. Aluminium scrap prices will remain under downward pressure and the price difference between primary aluminium and aluminium scrap will continue to expand before the completion of the next pricing cycle of secondary aluminium in early April.The price of ADC12 secondary aluminium was unchanged last week, and is expected to decline this week. Secondary aluminium prices failed to follow primary aluminium up. Orders remained weak due to high aluminium prices, but improved slightly from the previous two weeks as die-casting plants have basically run out of inventory and gradually accepted high prices. Due to the rapid increase in aluminium prices
source please
bloomberg
Not sure, how far this is true. whey you say downtrend, not sure whether you mean for months or weeks. If you have enough leverage, this will surely allow us to make 150 to 250 gain by June/July. Go long.
China is considering selling about 500,000 metric tonnes of aluminum from state reserves, which have added to selling pressure in the contract
hi
relatively yes considering the annual consumption and price impact based on this quantity.
it fell yesterday due to panic selling..my advice would be to analyise the impact and then take decision to buy and sell.
Sell Aluminium...174.50-175....SL-177.10...Target-172...169.30...165...(Fundamental call) it will take 3-4 days
It can go upto 165 ?
It can
sl hit
please suggest me, alluminium view of tomorrow
Fk China. They won't live happy and allow others to live happy. who knows, what they have for tomorrow. stay away for a week or two - This is my decision.
closing my long. shows weakness.
How much down it can go
 it will come back to previous close before falling down in full stretch
Foiled again!
This had gone down just to give us money.
sl 175
sell 174 for tgt 171...
yesterday I have sell @ 177.3today ??
Long 2200
2300 in two weeks. Let the lockdown noise settle down.
How much down it can go ?
 I don't think it has any more downside. Its just my opinion.
go long from today @ 175
Per Goldman’s commodities team’s latest forecasts, aluminum prices will rise to $2,300 per ton in 2021, $2,500 per ton in 2022 and thereafter attain $2,750 per ton in 2023.
Hello ! thanks for the info. Do you have the source ?
any one suggest for aluminium I sell at 176.50
Hold with today high as sl
I would recommend to close ASAP. with reopening in full swing, industrials will use more Aluminum and the demand will drive this price higher.
close u r position today near 175 and go long.
I think today target is 175
Why
Eveytime making new high ....ne careful before short....
Something fishy😅
Why
Buy or short for now?
Check out Nickel recent fall, you will get some idea
the fundamentals of aluminium are not the same as other base metals!
surprise fall soon b careful traders,
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