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 . In last few days volume based selling happened
in the Aluminium Noting point is selling at lower levels seems decreasing. The
oscillator is showing SELL signal For short term Aluminium is in HOLD
SHORT position.Positionally Immediate
support for Aluminium is 97.Resistance for the Aluminium is
100-101-102-103-106-107-
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
102.6 or hold with stop at 96.65 The Aluminium is now trading in highly
oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 98.6 with a stop at 96.6 Below 96 go for sell
Intraday Resistance of ALUMINIUM are 97.9/98.4/99.3/102.3/105.2/110.1/112.9/118.3/123.8
Intraday Support of ALUMINIUM are 96.7/96.2/95.3/92.9/90.2/85.7/83.3/78.8/74.4
Intraday Trend- Buy is advised above 98.6 with a stop at 96.6 Below 96 go for sell
Intraday Resistance of ALUMINIUM are 97.9/98.4/99.3/102.3/105.2/110.1/112.9/118.3/123.8
Intraday Support of ALUMINIUM are 96.7/96.2/95.3/92.9/90.2/85.7/83.3/78.8/74.4
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