Aluminium is in long- term bull phase .Currently Aluminium is in uptrend
but volume is unsatisfactory The open interest is not increasing with trend .
Cautious point is buying at higer levels seems decreasing. The oscillator is
showing SELL signal For short term Aluminium is in SELLposition.Positionally
Support for the Aluminium is 104-.Resistance for the Aluminium is 107-
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
109.1 with stop at 104.45 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 106.8 with a stop at 105.4 Below 105 go for sell and put stop at 106.4
Intraday Resistance of ALUMINIUM are 106.6 : 107.1 : 111.1 : 113.3 : 116.4 : 119.6 : 121.9 : 124.2
Intraday Support of ALUMINIUM are 105.2 : 104.7 : 100.8 : 98.7 : 95.9 : 93 : 91 : 89.1
Intraday Trend- Buy is advised only above 106.8 with a stop at 105.4 Below 105 go for sell and put stop at 106.4
Intraday Resistance of ALUMINIUM are 106.6 : 107.1 : 111.1 : 113.3 : 116.4 : 119.6 : 121.9 : 124.2
Intraday Support of ALUMINIUM are 105.2 : 104.7 : 100.8 : 98.7 : 95.9 : 93 : 91 : 89.1
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