Aluminium is bearish for medium-long term .Currently
Aluminium is in strong downtrend and the trend is supported with good volume
The open interest is not increasing with trend .. The oscillator is showing BUY
signal For short term Aluminium is in HOLD SHORTposition.Positionally Immediate support for Aluminium is
102.Resistance for the Aluminium is 105-108-109-110-
Short
term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position Aluminium has crossed the high but the
trend was not strong and sellers was at high so for short term better buy above
105 with stop at 101.85 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 105 with a stop at 103.4 Below 103 go for sell and put stop at 104.6
Intraday Resistance of ALUMINIUM are 104.6/105/108.7/111.6/116.7/119.6/125.1/130.8
Intraday Support of ALUMINIUM are 103.4/103/98.9/96.1/91.5/89/84.4/79.8
Intraday Trend- Buy is advised only above 105 with a stop at 103.4 Below 103 go for sell and put stop at 104.6
Intraday Resistance of ALUMINIUM are 104.6/105/108.7/111.6/116.7/119.6/125.1/130.8
Intraday Support of ALUMINIUM are 103.4/103/98.9/96.1/91.5/89/84.4/79.8
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