Aluminium is
in long- term bull phase .Currently Aluminium is in strong downtrend and the
trend is supported with good volume The open interest is not increasing with
trend . Noting point is selling at lower levels seems decreasing. The Aluminium
is now trading in oversold level. The Aluminium is now trading in oversold
level. The oscillator is showing SELL signal For short term Aluminium is in SELL position.Positionally Support for the
Aluminium is 109-.Resistance for the Aluminium is 111-112-113-
Short term and Intraday Level of ALUMINIUM
Currently
Aluminium is in HOLD SHORT position Aluminium is in sideways and sellers was
at high so for short term better buy above 110.5 or hold with stop at 107.9 The
next resistance will be at 110.85 The Aluminium is now trading is approaching
oversold level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 110.5 with a stop at 109.1 Below 108.9 go for sell and put stop at 110.2
Intraday Resistance of ALUMINIUM are 110.4/111.1/115.1/118.1/123.3/126.3/131.9/137.7
Intraday Support of ALUMINIUM are 108.9/108.2/105/102.1/97.4/94.8/90/85.3
Intraday Trend- Buy is advised only above 110.5 with a stop at 109.1 Below 108.9 go for sell and put stop at 110.2
Intraday Resistance of ALUMINIUM are 110.4/111.1/115.1/118.1/123.3/126.3/131.9/137.7
Intraday Support of ALUMINIUM are 108.9/108.2/105/102.1/97.4/94.8/90/85.3
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