Trend updated for-Oct/14/2014.CMP-118 Overall trend of the Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend 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 on BUY Signal and Aluminium is recovering from oversold level For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for Aluminium is 116.Resistance for the Aluminium is 120-122-
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