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 SELL signal For short term Aluminium is
in HOLD LONG position.Positionally
Support for the Aluminium is 101-.Resistance for the Aluminium is 103-105-
Short
term and Intraday Level of ALUMINIUM
Currently
Aluminium is in HOLD
SHORT position The
Aluminium is in downtrend For short term buy only if close above 102.0 The
oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 103.1 with a stop at 101.4 Below 100.9 go for sell and put stop at 102.6
Intraday Resistance of ALUMINIUM are 102.9 : 103.6 : 107.1 : 109.3 : 112.3 : 115.5 : 117.7 : 120
Intraday Support of ALUMINIUM are 101.1 : 100.4 : 97 : 95 : 92.2 : 89.4 : 87.4 : 85.5
Intraday Trend- Buy is advised only above 103.1 with a stop at 101.4 Below 100.9 go for sell and put stop at 102.6
Intraday Resistance of ALUMINIUM are 102.9 : 103.6 : 107.1 : 109.3 : 112.3 : 115.5 : 117.7 : 120
Intraday Support of ALUMINIUM are 101.1 : 100.4 : 97 : 95 : 92.2 : 89.4 : 87.4 : 85.5
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