Monday, 4 February 2013

ALUMINIUM TREND FOR TODAY-05-FEB-2013


Aluminium is in long- short-medium- short- term bull phase .Currently Aluminium is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 111-110-109-. Immediate resistance for Aluminium is 113

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD LONG position In short term Aluminium is in strong up trend so hold with stop at 112 The Aluminium is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 113.3 with a stop at 111.3 Below 110.8 go for sell with stop at 112.8
Intraday Resistance of ALUMINIUM are 112.7/113.3/117.4/120.4/125.7/128.7/134.4/140.3
Intraday Support of ALUMINIUM are 111.4/110.8/107.2/104.3/99.5/96.9/92.1/87.3

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1 comments :

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