Monday, 11 February 2013

ALUMINIUM TREND FOR TODAY-12-FEB-2013

 Aluminium is in long- short-medium- short- term bull phase .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONGposition.Positionally Support for the Aluminium is 111-110-. Immediate resistance for Aluminium is 113

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD LONG position Aluminium is moving sideways so short term investor better to buy only above 113.2 with stop at 110.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 113 with a stop at 111.6 Below 111.3 go for sell
Intraday Resistance of ALUMINIUM are 112.8/113.3/117.6/120.7/126/128.9/134.7/140.5
Intraday Support of ALUMINIUM are 111.5/111/107.4/104.6/99.7/97.1/92.3/87.5



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