Aluminium is bearish for medium-long term .Currently Aluminium is in strong uptrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 109-108-.Resistance for the Aluminium is 111-112-113-
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 109 The Aluminium is now trading in highly overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised above 111.3 with a stop at 109.8 Below 109.5 go for sell with a stop at 111
Intraday Resistance of ALUMINIUM are 111.1 : 111.7 : 115.7 : 118 : 121.2 : 124.4 : 126.7 : 129.1
Intraday Support of ALUMINIUM are 109.7 : 109.1 : 105.2 : 103.1 : 100.1 : 97.2 : 95.2 : 93.2
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