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 .. The oscillator is showing BUY signal For short
term Aluminium is in HOLD SHORT position.Positionally Immediate support for
Aluminium is 103.Resistance for the Aluminium is 106-109-110-111-
Short
term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position Aluminium is in sideways and sellers was
at high so for short term better buy above 105.4 or hold with stop at 102.8 The
next resistance will be at 105.05 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 105.4 with a stop at 104.6 Below 104.6 go for sell and put stop at 105.3
Intraday Resistance of ALUMINIUM are 105.1/105.3/109.9/112.8/117.9/120.8/126.4/132.1
Intraday Support of ALUMINIUM are 104.8/104.6/100/97.3/92.6/90.1/85.4/80.9
Intraday Trend- Buy is advised only above 105.4 with a stop at 104.6 Below 104.6 go for sell and put stop at 105.3
Intraday Resistance of ALUMINIUM are 105.1/105.3/109.9/112.8/117.9/120.8/126.4/132.1
Intraday Support of ALUMINIUM are 104.8/104.6/100/97.3/92.6/90.1/85.4/80.9
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