Aluminium is bearish for medium-long term .Currently
Aluminium is in strong downtrend with good momentum and the trend is supported
with good volume The open interest is not increasing with trend . In last few
days volume based selling happened in the Aluminium Noting point is selling at
lower levels seems decreasing. The oscillator is showing SELL signal For short
term Aluminium is in SELL position.Positionally Immediate
support for Aluminium is 107.Resistance for the Aluminium is 111-112-
Short
term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position The Aluminium is in downtrend For short
term buy only if close above 110.0 The Aluminium is now trading in highly
oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 109 with a stop at 107 Below 106.4 go for sell
Intraday Resistance of ALUMINIUM are 108.5/109.2/113/116/121.2/124.1/129.8/135.5
Intraday Support of ALUMINIUM are 106.9/106.2/103.1/100.2/95.5/93/88.2/83.6
Intraday Trend- Buy is advised above 109 with a stop at 107 Below 106.4 go for sell
Intraday Resistance of ALUMINIUM are 108.5/109.2/113/116/121.2/124.1/129.8/135.5
Intraday Support of ALUMINIUM are 106.9/106.2/103.1/100.2/95.5/93/88.2/83.6
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