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 . Noting point is selling at lower levels seems
decreasing. The oscillator is showing SELL signal For short term Aluminium is
in SELL position.Positionally
Immediate support for Aluminium is 104.Resistance for the Aluminium is
105-106-107-
Short
term and Intraday Level of ALUMINIUM
Currently
Aluminium is in HOLD SHORT position
The Aluminium is in downtrend For short term buy only if close above 106.0 The
oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 105.4 with a stop at 103.5 Below 103 go for sell and put stop at 104.9
Intraday Resistance of ALUMINIUM are 104.4 : 104.6 : 109.4 : 111.6 : 114.7 : 117.8 : 120.1 : 122.4
Intraday Support of ALUMINIUM are 104 : 103.8 : 99.2 : 97.1 : 94.2 : 91.4 : 89.5 : 87.5
Intraday Trend- Buy is advised only above 105.4 with a stop at 103.5 Below 103 go for sell and put stop at 104.9
Intraday Resistance of ALUMINIUM are 104.4 : 104.6 : 109.4 : 111.6 : 114.7 : 117.8 : 120.1 : 122.4
Intraday Support of ALUMINIUM are 104 : 103.8 : 99.2 : 97.1 : 94.2 : 91.4 : 89.5 : 87.5
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