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Mcxaluminium

ABC Correction started for the EWT on AluminiumMCX Aluminium has started falling due to Elliott Wave's ABC correction. Expected A is at 100% or 161% retracement of wave 5. Therefore, it can start rising from here to the level of 164.4 . The day traders can have the advantage of this impulsive ride of B . According to ABC correction, we may see the Aluminium prices below 161.6 - 159.4 before the weekend.
MCX:ALUMINIUM1!Short
by freestocktips
Updated
MCX Aluminium Intraday Tips For TodayAccording to this chart, aluminium is moving flat under the rectangle pattern. The top of this rectangle is the resistance , and the bottom of this rectangle is the support . The trend is making frequent parallel channels between the support and resistance of this rectangle. At present, aluminium is playing into support trendline (B) . There is a crucial support. Fakeout, volume spike, tail, massive buying pressure, and S-RSI crossover is made in that area. So, break out of the crucial support means downfall for the levels of 143.6 - 142.6 . ...but aluminium will try to climb because of 50 & 10 MA crossover. Therefore we may see prices at 146.6 - 147.4 - 148+ soon.
MCX:ALUMINIUM1!Long
by freestocktips
Aluminium Are Presenting A New OpportunityThis information is sufficient for day traders. Further information will update soon.
MCX:ALUMINIUM1!
by freestocktips
1010

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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