Aluminium is bearish for medium-long term .Currently Aluminium is in
strong downtrend with good momentum but volume is unsatisfactory The open
interest is not increasing with trend .. The oscillator is showing SELL signal
For short term Aluminium is in SELL position.Positionally
Support for the Aluminium is 103-.Resistance for the Aluminium is 105-107-
Short
term and Intraday Level of ALUMINIUM
Currently
Aluminium is in HOLD LONG position Aluminium is moving sideways so short term
investor better to buy only above 105.6 or hold with stop at 103.0 The
oscillator is showing BUY signal
Intraday Trend- Buy is advised above 105 with a stop at 102.8 Below 102.2 go for sell
Intraday Resistance of ALUMINIUM are 104.8 : 105.8 : 108.8 : 110.9 : 114 : 117.2 : 119.4 : 121.7
Intraday Support of ALUMINIUM are 102.4 : 101.4 : 98.6 : 96.5 : 93.7 : 90.9 : 88.9 : 86.9
Intraday Trend- Buy is advised above 105 with a stop at 102.8 Below 102.2 go for sell
Intraday Resistance of ALUMINIUM are 104.8 : 105.8 : 108.8 : 110.9 : 114 : 117.2 : 119.4 : 121.7
Intraday Support of ALUMINIUM are 102.4 : 101.4 : 98.6 : 96.5 : 93.7 : 90.9 : 88.9 : 86.9
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