Aluminium is bearish for medium-long term .Currently Aluminium is in
strong downtrend with good momentum and the trend is supported with good volume
The open interest is not increasing with trend . Noting point is selling at
lower levels seems decreasing. The oscillator is showing SELL signal For short
term Aluminium is in HOLD SHORT position.Positionally
Immediate support for Aluminium is 100.Resistance for the Aluminium is
102-103-104-106-108-109-
Short
term and Intraday Level of ALUMINIUM
Currently
Aluminium is in HOLD
SHORT position
Aluminium is moving sideways so short term investor better to buy only above
103.8 or hold with stop at 100.15 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 101.7 with a stop at 99.4 Below 98.8 go for sell
Intraday Resistance of ALUMINIUM are 100.9/101.5/102.5/105.8/108.7/113.7/116.6/122/127.6
Intraday Support of ALUMINIUM are 99.6/99/98/96.2/93.4/88.9/86.4/81.8/77.4
Intraday Trend- Buy is advised above 101.7 with a stop at 99.4 Below 98.8 go for sell
Intraday Resistance of ALUMINIUM are 100.9/101.5/102.5/105.8/108.7/113.7/116.6/122/127.6
Intraday Support of ALUMINIUM are 99.6/99/98/96.2/93.4/88.9/86.4/81.8/77.4
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