Aluminium is bearish for medium-long term .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for Aluminium is 111.Resistance for the Aluminium is 113-114-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in SELL position The Aluminium is in downtrend For short term buy only if close above 113.0 The Aluminium is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 113.7 with a stop at 111.7 Below 111.2 go for sell and put stop at 113.2
Intraday Resistance of ALUMINIUM are 113.5 : 114.4 : 117.8 : 120.1 : 123.3 : 126.6 : 128.9 : 131.3
Intraday Support of ALUMINIUM are 111.4 : 110.5 : 107.2 : 105.1 : 102.1 : 99.2 : 97.1 : 95.1
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