Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORTposition.Positionally Immediate support for Aluminium is 108.Resistance for the Aluminium is 110-111-112-113-114-
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 110.7 with stop at 107.85 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 109.7 with a stop at 107.5 Below 106.9 go for sell and put stop at 109.1
Intraday Resistance of ALUMINIUM are 108.8 : 109.3 : 113.6 : 115.8 : 119 : 122.2 : 124.5 : 126.8
Intraday Support of ALUMINIUM are 107.8 : 107.3 : 103.2 : 101.1 : 98.1 : 95.3 : 93.3 : 91.3
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