Aluminium is bearish for medium-long term .Currently
Aluminium is in strong downtrend with good momentum but volume is
unsatisfactory The open interest is not increasing with trend .. The oscillator
is on BUY Signal and Aluminium is recovering from oversold level For short term
Aluminium is in SELL position.Positionally Immediate
support for Aluminium is 102.Resistance for the Aluminium is
104-106-109-110-111-
Short
term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position Aluminium is in sideways so for short
term better buy above 104 with stop at 101.85 The oscillator is showing SELL
signal
Intraday Trend- Buy is advised only above 104 with a stop at 102.5 Below 102.1 go for sell and put stop at 103.6
Intraday Resistance of ALUMINIUM are 103.8/104.4/107.6/110.5/115.6/118.4/123.9/129.6
Intraday Support of ALUMINIUM are 102.3/101.7/97.9/95.1/90.5/88/83.4/78.9
Intraday Trend- Buy is advised only above 104 with a stop at 102.5 Below 102.1 go for sell and put stop at 103.6
Intraday Resistance of ALUMINIUM are 103.8/104.4/107.6/110.5/115.6/118.4/123.9/129.6
Intraday Support of ALUMINIUM are 102.3/101.7/97.9/95.1/90.5/88/83.4/78.9
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