Aluminium is in long- term bull phase .Currently Aluminium is in strong
downtrend and the trend is supported with good volume The open interest is not
increasing with trend .. The Aluminium is now trading in oversold level. The
Aluminium is now trading in oversold level. The oscillator is showing BUY
signal For short term Aluminium is in HOLD
SHORT position.Positionally Support for
the Aluminium is 110-.Resistance for the Aluminium is 113-114-117-
Short
term and Intraday Level of ALUMINIUM
Aluminium is in sideways and sellers was at high so
for short term better buy above 112.9 or hold with stop at 109.15 The next
resistance will be at 112.15 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 112.9 with a stop at 110.9 Below 110.4 go for sell and put stop at 112.4
Intraday Resistance of ALUMINIUM are 112.7 : 113.6 : 117 : 119.3 : 122.5 : 125.7 : 128.1 : 130.4
Intraday Support of ALUMINIUM are 110.6 : 109.7 : 106.4 : 104.3 : 101.3 : 98.4 : 96.4 : 94.3
Intraday Trend- Buy is advised only above 112.9 with a stop at 110.9 Below 110.4 go for sell and put stop at 112.4
Intraday Resistance of ALUMINIUM are 112.7 : 113.6 : 117 : 119.3 : 122.5 : 125.7 : 128.1 : 130.4
Intraday Support of ALUMINIUM are 110.6 : 109.7 : 106.4 : 104.3 : 101.3 : 98.4 : 96.4 : 94.3
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ReplyDeleteALUMINIUM (31 DEC) TREND: CONSOLIDATE
RES 1: 108
RES 2: 109
SUPP 1: 105.50
SUPP 2: 104
STRATEGY: SELL ON HIGH
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