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 . Noting point is selling at lower levels seems decreasing. The
oscillator is showing SELL signal For short term Aluminium is in SELL position.Positionally Immediate support for Aluminium is
106.Resistance for the Aluminium is 109-110-111-
Short term and Intraday Level of
ALUMINIUM
Currently
Aluminium is in HOLD LONG position Aluminium is in sideways
and sellers was at high so for short term better buy above 109.4 or hold with
stop at 106.05 The next resistance will be at 109.3 The Aluminium is now
trading in highly oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 109.4 with a stop at 107.8 Below 107.4 go for sell and put stop at 109
Intraday Resistance of ALUMINIUM are 109.2 : 109.9 : 113.7 : 115.9 : 119.1 : 122.3 : 124.6 : 126.9
Intraday Support of ALUMINIUM are 107.6 : 106.9 : 103.3 : 101.2 : 98.2 : 95.4 : 93.3 : 91.3
Intraday Trend- Buy is advised only above 109.4 with a stop at 107.8 Below 107.4 go for sell and put stop at 109
Intraday Resistance of ALUMINIUM are 109.2 : 109.9 : 113.7 : 115.9 : 119.1 : 122.3 : 124.6 : 126.9
Intraday Support of ALUMINIUM are 107.6 : 106.9 : 103.3 : 101.2 : 98.2 : 95.4 : 93.3 : 91.3
To Get Free Tips:
Aluminium trading range for the day is 107-110.
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