Aluminium is
bearish for medium-long term .Currently Aluminium is in strong downtrend with
good momentum and the trend is supported with good volume The open interest is
not increasing with trend . Noting point is selling at lower levels seems
decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for
the Aluminium is 108-.Resistance for the Aluminium is 110-111-
Short term and Intraday Level of
ALUMINIUM
Currently
Aluminium is in HOLD LONG position Aluminium is in profit
booking mode so hold with stop at 108 The Aluminium is now trading in highly
overbought level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 110.4 with a stop at 108.6 Below 108.2 go for sell and put stop at 110
Intraday Resistance of ALUMINIUM are 110.2 : 111 : 114.6 : 116.8 : 120 : 123.2 : 125.5 : 127.9
Intraday Support of ALUMINIUM are 108.4 : 107.6 : 104.1 : 102 : 99.1 : 96.2 : 94.2 : 92.2
Intraday Trend- Buy is advised only above 110.4 with a stop at 108.6 Below 108.2 go for sell and put stop at 110
Intraday Resistance of ALUMINIUM are 110.2 : 111 : 114.6 : 116.8 : 120 : 123.2 : 125.5 : 127.9
Intraday Support of ALUMINIUM are 108.4 : 107.6 : 104.1 : 102 : 99.1 : 96.2 : 94.2 : 92.2
To Get Free Tips:
0 comments :
Post a Comment