Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend 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 Immediate support for Aluminium is 108.Resistance for the Aluminium is 111-112-113-114-
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 110.7 with stop at 108.15 The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 110.2 with a stop at 108.6 Below 108.2 go for sell
Intraday Resistance of ALUMINIUM are 110 : 110.7 : 114.5 : 116.7 : 119.9 : 123.1 : 125.4 : 127.8
Intraday Support of ALUMINIUM are 108.4 : 107.7 : 104 : 101.9 : 99 : 96.1 : 94.1 : 92.1
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