Intraday Commodity Future: Buy ALUMINIUM JULY

• July 22, 2021
• By Dipankar Sardar
• 52 Views 701 comments

Aluminium (aluminum in American and Canadian English) is a chemical element with the symbol Al and atomic number 13. Aluminium has a density lower than those of other common metals, at approximately one third that of steel. It has a great affinity towards oxygen, and forms a protective layer of oxide on the surface when exposed to air. Aluminium visually resembles silver, both in its color and in its great ability to reflect light. It is soft, non-magnetic and ductile. It has one stable isotope, ²⁷Al; this isotope is very common, making aluminium the twelfth most common element in the Universe. The radioactivity of ²⁶Al is used in radiodating. Chemically, aluminium is a weak metal in the boron group; as it is common for the group, aluminium forms compounds primarily in the +3 oxidation state. The aluminium cation Al³⁺ is small and highly charged; as such, it is polarizing, and bonds aluminium forms tend towards covalency. The strong affinity towards oxygen leads to aluminium’s common association with oxygen in nature in the form of oxides; for this reason, is found on Earth primarily in rocks in the crust, where it is the third most abundant element after oxygen and silicon, rather than in the mantle, and virtually never as the free metal. The discovery of was announced in 1825 by Danish physicist Hans Christian Ørsted. The first industrial production of aluminium was initiated by French chemist Henri Étienne Sainte-Claire Deville in 1856. Aluminium became much more available to the public with the Hall–Héroult process developed independently by French engineer Paul Héroult and American engineer Charles Martin Hall in 1886, and the mass production of aluminium led to its extensive use in industry and everyday life. In World Wars I and II, was a crucial strategic resource for aviation. In 1954, aluminium became the most produced non-ferrous metal, surpassing copper. In the 21st century, most aluminium was consumed in transportation, engineering, construction, and packaging in the United States, Western Europe, and Japan

Script Name –ALUMINIUM

Expire Date-JULY

Buy Price – 195.55-195.65

Profit Target-196.8

Stop Loss-195

Call Duration- Intraday

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