ALUMINIUM Technical outlook :

Aluminium daily chart has formed “Ascending broadening wedge” pattern. The last session ended up bearish meeting with the channel’s support slope line. The market is expected retest the same and turn bullish once again, testing all the way through 143-144 levels in the upcoming sessions. Alternatively, if the market breaks below the Support level holding at 141 then it might continue in bearish. The downside rally could test 140-139. Resistance holds at 145.

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