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 102-101-.Resistance for the Aluminium is 105-
Short
term and Intraday Level of ALUMINIUM
Currently
Aluminium is in HOLD LONG position Aluminium is in sideways and sellers was
at high so for short term better buy above 104.1 or hold with stop at 100.75 The
next resistance will be at 103.35 The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 104.1 with a stop at 102.5 Below 102.1 go for sell and put stop at 103.7
Intraday Resistance of ALUMINIUM are 103.9 : 104.6 : 108.2 : 110.4 : 113.5 : 116.6 : 118.9 : 121.2
Intraday Support of ALUMINIUM are 102.3 : 101.6 : 98.1 : 96 : 93.2 : 90.4 : 88.4 : 86.5
Intraday Trend- Buy is advised only above 104.1 with a stop at 102.5 Below 102.1 go for sell and put stop at 103.7
Intraday Resistance of ALUMINIUM are 103.9 : 104.6 : 108.2 : 110.4 : 113.5 : 116.6 : 118.9 : 121.2
Intraday Support of ALUMINIUM are 102.3 : 101.6 : 98.1 : 96 : 93.2 : 90.4 : 88.4 : 86.5
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