MCX Aluminium Trend - Support and Resistance Levels


Overall MCX Aluminium Trend for today, tomorrow, current & next week and month

Last Update: 22/10/21

Trend

Signal

Intraday

Down Trend

Short Term

Down Trend

Long Term

Up Trend

Below aluminium trend support, resistance and technical levels charts are between 9.15 to 9.30 am daily. You can make use of the below charts and price levels to take your own trading decisions. Weekly & Monthly support resistance levels are significant market turnaround reversal or breakout levels to look out for. We master in reversal and break out analysis. The daily, weekly, monthly support and resistance levels plotted below can be used for either exit-entry or entry-exit. These forecasts are valid from intraday to short term to long term.

MCX Aluminium Trend Today


MCX aluminium is currently in Down Trend for intraday. The below intraday analysis & price levels are calculated using commodityquant's advance pivot point formula and valid only for today's session on a 5-15 minute chart.

MCX Aluminium Trend

Intraday Aluminium Tips & Target for Today, MCX, India

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

242.00

234.87

245.56

249.96

257.08

Sell below

234.87

242.00

231.31

225.73

219.78

We also expect the commodity aluminium futures to react on the below support and resistance levels for today.

Intraday Aluminium Resistance Levels

Daily Resistance R1

Daily Resistance R2

Daily Resistance R3

244.87

257.08

263.52

Intraday Aluminium Support Levels

Daily Support S1

Daily Support S2

Daily Support S3

226.22

219.78

207.57

Earnometer Aluminium


Below earnometer aluminium power levels & charts are based on a simple but most powerful concept, if the price breaks the yesterday, two days before or three days before high or low, it will most likely continue in the direction of the breakout. Below levels acts as powerful support & resistances as well, either breakout or reversal can happen on these levels. Kindly make use of the below charts to make your own trading decisions.

Earnometer Aluminium Levels

Price

Three Days Before High

257.60

Two Days Before High

248.00

Yesterdays High

250.65

Pivot

238.43

Yesterdays Low

232.00

Two Days Before Low

242.60

Three Days Before High

248.65

Earnometer Aluminium Update:

Earnometer Aluminium

Important Aluminium Intraday Levels for today



​​​​Resistance Range

Price Levels

5MH

Five Month before High

206.15

4MH

Four Month before High

200.80

3MH

Three Month before High

207.00

2MH

Two Month before High

215.20

LMH

One Month before High

236.30

CMH

Current Month High

259.35

4WH

Four Week before High

236.30

3WH

Three Week before High

235.70

2WH

Two Week before High

239.90

1WH

One Week before High

257.80

CWH

Current Week High

259.35

PDH

Yesterdays High

250.65


​​​​Support Range

​​​Price Levels

5ML

Five Month before Low

183.10

4ML

Four Month before Low

187.50

3ML

Three Month before Low

193.25

2ML

Two Month before Low

202.90

1ML

One Month before Low

210.10

CML

Current Month Low

226.05

4WL

Four Week before Low

224.30

3WL

Three Week before Low

226.05

2WL

Two Week before Low

228.50

1WL

One Week before Low

237.55

CWL

Current Week Low

230.85

PDL

Yesterdays Low

232.00

Short Term Aluminium Trend


According to quant's technical analysis, mcx aluminium is currently in Down Trend for short term. The below analysis & forecast is valid for tomorrow & current week.

Short Term Aluminium Trend

Short Term Aluminium Buy or Sell Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

253.82

246.08

257.69

262.46

270.20

Sell below

246.08

253.82

242.21

236.16

229.70

​We also anticipate the commodity aluminium futures to respond on the below support and resistance levels for this week.

Short Term Aluminium Resistance Levels

Weekly Resistance R1

Weekly Resistance R2

Weekly Resistance R3

262.35

270.20

282.60

Short Term Aluminium Support Levels

Weekly Support S1

Weekly Support S2

Weekly Support S3

242.10

229.70

221.85

Long Term Aluminium Price Trend


Long Term Trend - Aluminium is currently in Up Trend for long term. The above forecast is valid for the current month.

MCX Aluminium Long Term Price Trend

Aluminium Price Long Term MCX Tips

Signal

Entry

Stop Loss

Target 1

Target 2

Target 3

Buy above

230.47

220.46

235.48

241.66

251.67

Sell below

220.46

230.47

215.46

207.62

199.27

In addition, we expect the commodity aluminium futures to respond on the following resistance and support levels for this particular month.

Long Term Aluminium Resistance Levels

Monthly Resistance R1

Monthly Resistance R2

Monthly Resistance R3

240.83

251.67

267.03

Long Term Aluminium Support Levels

Monthly Support S1

Monthly Support S2

Monthly Support S3

214.63

199.27

188.43

Aluminium Support and Resistance Levels Today


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Resistance 4 (R4)



279.40

242.91

Resistance 3 (R3)

263.52

257.08

260.75

237.78

Resistance 2 (R2)

257.08

249.96

255.70

236.07

Resistance 1 (R1)

244.87

245.56

242.10

234.36

Pivot Point

238.43

238.43

237.05

238.43

Support 1 (S1)

226.22

231.31

223.45

230.94

Support 2 (S2)

219.78

226.91

218.40

229.23

Support 3 (S3)

207.57

219.78

204.80

227.52

Support 4 (S4)



186.15

222.39

Aluminium Pivot Point Levels - Weekly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Weekly R4



304.87

265.64

Weekly R3

282.60

270.20

284.62

260.07

Weekly R2

270.20

262.46

271.21

258.21

Weekly R1

262.35

257.69

264.38

256.36

Weekly Pivot Point

249.95

249.95

250.96

249.95

Weekly S1

242.10

242.21

244.13

252.64

Weekly S2

229.70

237.44

230.71

250.79

Weekly S3

221.85

229.70

223.88

248.93

Weekly S4



203.63

243.36

Aluminium Pivot Point Levels - Monthly Support & Resistance


Pivot Point

Classic

​​​​Fibonacci

Woo​die

​Camarilla

Monthly R4



294.15

244.41

Monthly R3

267.03

251.67

267.95

237.21

Monthly R2

251.67

241.66

252.13

234.80

Monthly R1

240.83

235.48

241.75

232.40

Monthly Pivot Point

225.47

225.47

225.93

225.47

Monthly S1

214.63

215.46

215.55

227.60

Monthly S2

199.27

209.28

199.73

225.20

Monthly S3

188.43

199.27

189.35

222.79

Monthly S4



163.15

215.59

Get the powerful support and resistance MCX Trend analysis of the 16 major commodities listed on the multi-commodity exchange of India. Technical trend analysis of aluminium is done every day and updated between 9.15 to 9.30 am on a daily basis.

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