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 BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 108-.Resistance for the Aluminium is 111-113-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD SHORT position Aluminium is moving sideways so short term investor better to buy only above 110.55 with stop at 108.4 The Aluminium is now trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 109.8 with a stop at 108 Below 107.5 go for sell
Intraday Resistance of ALUMINIUM are 109.6 : 110.4 : 113.9 : 116.2 : 119.3 : 122.5 : 124.8 : 127.2
Intraday Support of ALUMINIUM are 107.7 : 106.9 : 103.5 : 101.4 : 98.5 : 95.6 : 93.6 : 91.6
To Get Free Tips:
#Bullion Tips #Commodity Tips #Mcx Tips
Aluminium trading range for the day is 107.5-110.1.
ReplyDelete