COMMODITY OUTLOOK on Aluminum Market

Aluminum:-

The Aluminum is bearish for medium-long term .Currently Aluminum is in strong downtrend and the trend is supported with good volume the open interest is not increasing with trend. The Aluminum is now trading in oversold level. The oscillator is showing sell signal for short term Aluminum is in sell position and closed above 1 week high with volume signals up breakout. Immediate support for Aluminum is 128.Resistance for the Aluminum is 133. Aluminum closed above 1 week high with volume signals up breakout Currently Aluminum is in hold long position Aluminum is in sideways and sellers was at high so for short term better buy above 132.5 or hold with stop at 128.4 The next resistance will be at 133. The oscillator is showing buy signal.

aluminium

To Get Free Trial
Missed call @8817002233
Mail Us – starindiamarket@gmail.com
visit – https://www.starindiaresearch.com/mcx-tips.php

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s