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ALUMINIUM Intraday Tips For 12 Dec 2018

Last update on 10 Dec 2018
ALUMINIUM (EXP 31 Dec 2018) CMP-140.65 currently close down side in intraday. It is likely to test support 139.25 / 137.80 / 136.30. If it breaks above 140.75 with volume then it may test upperside resistance, such as 142.20 / 143.70 / 145.15.
INTRADAY SUPPORT AND RESISTANCE LEVELS
R4 145.15
R3 143.70
R2 142.20
R1 141.50
PP 140.75
S1 140.00
S2 139.25
S3 137.80
S4 136.30
Last Day High 142.25
Last Day Low 139.3
Last Day Close 140.65
Close down side
Always prefer to long if cross R2(with volume) and short if cross S2(with volume)