Thursday, April 3, 2014

Aluminum Elliot Wave Analysis : Buy on dips ?????

Dear All,
                     I dont track Aluminum much ...........but today my Friend Manoj told he spotted a break out in Aluminum .........and then i saw the chart .........he bought at  106---105 levels .......aluminum made high of 109 levels .


Manoj Use Candlesticks + Chart Pattern to trade ....i just want to show how different studies comes to same conclusion .....plz note i not get influenced my Manoj Bullish bias on Aluminium but My waves counts also suggesting the bullish tone in this counter .

Kindly chk the chart


                                               Here Wave C did Complex correction

In my view We might have completed  A down in form of abc  can go up in Short to medium term


                                                       Targets  in Short to Medium term



in Last just want to say very timely entry By Manoj at 105 levels in this counter

M:9873511276

Thanks & Regards
Abhay Mehrotra

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