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 showing BUY signal For short term Aluminium is in HOLD SHORTposition.Positionally Immediate support for Aluminium is
101.Resistance for the Aluminium is 104-107-108-110-
Short term and Intraday Level of ALUMINIUM
Currently
Aluminium is in HOLD LONG position Aluminium is in profit booking mode so
hold with stop at 102 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 104.6 with a stop at 102.6 Below 102.1 go for sell and put stop at 104.1
Intraday Resistance of ALUMINIUM are 104/104.5/108/110.9/116/118.9/124.4/130
Intraday Support of ALUMINIUM are 102.7/102.2/98.3/95.5/90.9/88.4/83.8/79.3
Intraday Trend- Buy is advised only above 104.6 with a stop at 102.6 Below 102.1 go for sell and put stop at 104.1
Intraday Resistance of ALUMINIUM are 104/104.5/108/110.9/116/118.9/124.4/130
Intraday Support of ALUMINIUM are 102.7/102.2/98.3/95.5/90.9/88.4/83.8/79.3
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