Aluminium is in long- term bull phase .Currently Aluminium is in strong
downtrend but volume is unsatisfactory The open interest is not increasing with
trend . In last few days volume based selling happened in the Aluminium Noting
point is selling at lower levels seems decreasing. The oscillator is showing
SELL signal For short term Aluminium is in SELL position.Positionally
Support for the Aluminium is 111-110-.Resistance for the Aluminium is
117-118-119-
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 114.0 The Aluminium is now trading in highly oversold level. The
oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 114.6 with a stop at 112.8 Below 112.3 go for sell and put stop at 114.1
Intraday Resistance of ALUMINIUM are 114.3 : 115.1 : 118.8 : 121.1 : 124.4 : 127.6 : 130 : 132.4
Intraday Support of ALUMINIUM are 112.6 : 111.8 : 108.2 : 106 : 103 : 100.1 : 98 : 96
Intraday Trend- Buy is advised only above 114.6 with a stop at 112.8 Below 112.3 go for sell and put stop at 114.1
Intraday Resistance of ALUMINIUM are 114.3 : 115.1 : 118.8 : 121.1 : 124.4 : 127.6 : 130 : 132.4
Intraday Support of ALUMINIUM are 112.6 : 111.8 : 108.2 : 106 : 103 : 100.1 : 98 : 96
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