Archive · 24 Jul 2025
Aluminium Futures: Bullish Trend and Trading Strategy
Imagine aluminium futures are like the price of aluminium you might buy in the future.
The price recently went up, breaking through a barrier.
This means the price is likely to go up more, maybe to ₹265!
If it goes down instead of up, it could go to ₹248.
The article suggests to hold on to your trades and use stop-loss orders to protect your money.
So, if the price goes up to certain level you can adjust your stop-loss and set a take profit to ₹260.
Aluminium futures broke resistance at ₹251 and reached ₹255.45.
The price action indicates a bullish trend.
A bull flag pattern suggests a potential rally to ₹265.
A corrective move below ₹251 could lead to a decline to ₹248.
The article suggests retaining the buy position with adjusted stop-loss.
- Who
- Not explicitly stated; likely financial analysts.
- What
- Analysis of the aluminium futures price.
- When
- Published on July 24, 2025, with analysis of recent price movements.
- Where
- Not specified, but discussing the market for aluminium futures.
- Why
- To provide trading strategy and price forecasts for aluminium futures.
Bulls
Bears
Future price direction
Bulls
Bullish on aluminium futures, predicting price increases.
Bears
Bearish perspective on the price movement.
- Current Price
- ₹253/kg
- Recent High
- ₹255.45
- Resistance Breakout
- ₹251
- Potential Target
- ₹265
- Potential Support
- ₹248
- Revised Stop-loss
- ₹251
- Potential Profit Target
- ₹260