Aluminium is bearish for medium-long term .Currently Aluminium is in
strong uptrend and the trend is supported with good volume The open interest is
not increasing with trend . Cautious point is buying at higer levels seems
decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD
SHORT position.Positionally Support for
the Aluminium is 101-.Resistance for the Aluminium is 102-104-106-
Short
term and Intraday Level of ALUMINIUM
Currently
Aluminium is in HOLD
SHORT position
Aluminium is showing some Up momentum So buy above 101.0 with stop at 99.1 The
oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 102.8 with a stop at 100.5 Below 99.9 go for sell and put stop at 102.2
Intraday Resistance of ALUMINIUM are 102 : 102.5 : 106.3 : 108.5 : 111.6 : 114.7 : 116.9 : 119.2
Intraday Support of ALUMINIUM are 100.7 : 100.2 : 96.3 : 94.3 : 91.4 : 88.7 : 86.7 : 84.8
Intraday Trend- Buy is advised only above 102.8 with a stop at 100.5 Below 99.9 go for sell and put stop at 102.2
Intraday Resistance of ALUMINIUM are 102 : 102.5 : 106.3 : 108.5 : 111.6 : 114.7 : 116.9 : 119.2
Intraday Support of ALUMINIUM are 100.7 : 100.2 : 96.3 : 94.3 : 91.4 : 88.7 : 86.7 : 84.8
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