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 103.Resistance for the Aluminium is 105-107-109-110-111-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position Aluminium is moving sideways so short
term investor better to buy only above 104.95 with stop at 102.9 The Aluminium
is now trading is approaching oversold level. The oscillator is on BUY Signal
and Aluminium is recovering from oversold level
Intraday Trend- Buy is advised above 104.5 with a stop at 102.7 Below 102.2 go for sell
Intraday Resistance of ALUMINIUM are 104.3/105/108.6/111.6/116.7/119.5/125.1/130.7
Intraday Support of ALUMINIUM are 102.4/101.7/98.9/96.1/91.5/89/84.3/79.8
Intraday Trend- Buy is advised above 104.5 with a stop at 102.7 Below 102.2 go for sell
Intraday Resistance of ALUMINIUM are 104.3/105/108.6/111.6/116.7/119.5/125.1/130.7
Intraday Support of ALUMINIUM are 102.4/101.7/98.9/96.1/91.5/89/84.3/79.8
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