Aluminium is
in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is
supported with good volume The open interest is not increasing with trend . In
last few days lot of positive accumulation happened in the Aluminium Cautious
point is buying at higer levels seems decreasing. The oscillator is showing BUY
signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is
113-112-111-110-. Immediate resistance for Aluminium is 116
Short
term and Intraday Level of ALUMINIUM
Currently
Aluminium is in HOLD LONG position Aluminium has crossed the high but the trend
was not strong and sellers was at high so for short term better buy above 117
with stop at 111.75 The Aluminium is now trading in highly overbought level.
The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 117 with a stop at 115.1 Below 114.6 go for sell and put stop at 116.5
Intraday Resistance of ALUMINIUM are 116.8/117.6/120.7/123.8/129.1/132.2/138/143.9
Intraday Support of ALUMINIUM are 114.8/114/110.4/107.5/102.6/99.9/95/90.2
Intraday Trend- Buy is advised only above 117 with a stop at 115.1 Below 114.6 go for sell and put stop at 116.5
Intraday Resistance of ALUMINIUM are 116.8/117.6/120.7/123.8/129.1/132.2/138/143.9
Intraday Support of ALUMINIUM are 114.8/114/110.4/107.5/102.6/99.9/95/90.2
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