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 . In
last few days volume based selling happened in the Aluminium Noting point is
selling at lower levels seems decreasing. The oscillator is showing SELL signal
For short term Aluminium is in SELL position.Positionally Immediate support for Aluminium is
104.Resistance for the Aluminium is 106-107-108-109-110-
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 106.0 The Aluminium is now trading is
approaching oversold level. The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 106.2 with a stop at 104.5 Below 104.1 go for sell and put stop at 105.8
Intraday Resistance of ALUMINIUM are 105.9 : 106.5 : 110.3 : 112.5 : 115.7 : 118.8 : 121.1 : 123.4
Intraday Support of ALUMINIUM are 104.4 : 103.8 : 100.1 : 98 : 95.1 : 92.3 : 90.3 : 88.4
Intraday Trend- Buy is advised only above 106.2 with a stop at 104.5 Below 104.1 go for sell and put stop at 105.8
Intraday Resistance of ALUMINIUM are 105.9 : 106.5 : 110.3 : 112.5 : 115.7 : 118.8 : 121.1 : 123.4
Intraday Support of ALUMINIUM are 104.4 : 103.8 : 100.1 : 98 : 95.1 : 92.3 : 90.3 : 88.4
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ReplyDeleteCS GOLD (APRIL) OVERVIEW:
TREND CONSOLIDATE
SUP1:28890
SUP2:28720
RESIST1:29260
RESIST2:29480
TRADING STRATEGY: BUY ON DIPS
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