Aluminium is bearish for medium-long term .Currently
Aluminium is in strong downtrend but volume is unsatisfactory The open interest
is not increasing with trend . Noting point is selling at lower levels seems
decreasing. The Aluminium is now trading in oversold level. The Aluminium is
now trading in oversold level. The oscillator is showing BUY signal For short
term Aluminium is in HOLD SHORT position.Positionally Immediate support for
Aluminium is 104.Resistance for the Aluminium is 107-110-111-
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 106.75 or hold with stop at 104.15 The
oscillator is showing BUY signal
Intraday Trend- Buy is advised above 106.7 with a stop at 105.3 Below 105 go for sell
Intraday Resistance of ALUMINIUM are 106.5/107/111.1/114/119.2/122.1/127.7/133.4
Intraday Support of ALUMINIUM are 105.2/104.7/101.2/98.4/93.7/91.2/86.5/81.9
Intraday Trend- Buy is advised above 106.7 with a stop at 105.3 Below 105 go for sell
Intraday Resistance of ALUMINIUM are 106.5/107/111.1/114/119.2/122.1/127.7/133.4
Intraday Support of ALUMINIUM are 105.2/104.7/101.2/98.4/93.7/91.2/86.5/81.9
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