Aluminium is bearish for medium-long term
.Currently Aluminium is in strong downtrend but volume is unsatisfactory The
open interest is not increasing with trend . In last few days volume based
selling happened in the Aluminium. The Aluminium is now trading in oversold
level. The Aluminium is now trading in oversold level. The oscillator is
showing SELL signal For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for
Aluminium is 106.Resistance for the Aluminium is 107-108-110-111-
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 106.0 The Aluminium is now trading is approaching
oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 106.6 with a stop at 105.2 Below 104.8 go for sell
Intraday Resistance of ALUMINIUM are 105.8/105.8/110.7/113.7/118.8/121.7/127.3/133
Intraday Support of ALUMINIUM are 105.6/105.6/100.8/98/93.4/90.8/86.1/81.6
Intraday Trend- Buy is advised above 106.6 with a stop at 105.2 Below 104.8 go for sell
Intraday Resistance of ALUMINIUM are 105.8/105.8/110.7/113.7/118.8/121.7/127.3/133
Intraday Support of ALUMINIUM are 105.6/105.6/100.8/98/93.4/90.8/86.1/81.6
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