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 .
In last few days volume based selling happened in the Aluminium. The oscillator
is showing BUY signal For short term Aluminium is in SELL position.Positionally Immediate
support for Aluminium is 101.Resistance for the Aluminium is
104-105-107-109-110-
Short term and Intraday Level of ALUMINIUM
Currently
Aluminium is in HOLD SHORT position Aluminium is in down trend so buy above
103.0 The sell will again come if below 101.45 The oscillator is showing SELL
signal
Intraday Trend- Buy is advised above 104 with a stop at 102.1 Below 101.6 go for sell
Intraday Resistance of ALUMINIUM are 103.4/103.9/107.7/110.6/115.7/118.5/124/129.7
Intraday Support of ALUMINIUM are 102.2/101.7/98/95.2/90.6/88.1/83.5/79
Intraday Trend- Buy is advised above 104 with a stop at 102.1 Below 101.6 go for sell
Intraday Resistance of ALUMINIUM are 103.4/103.9/107.7/110.6/115.7/118.5/124/129.7
Intraday Support of ALUMINIUM are 102.2/101.7/98/95.2/90.6/88.1/83.5/79
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