Wednesday, 13 February 2013

ALUMINIUM TREND FOR TODAY-14-FEB-2013


Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY and closed above 3 week high with volume signals up breakout.Positionally Support for the Aluminium is 112-111-110-. Immediate resistance for Aluminium is 114

Short term and Intraday Level of ALUMINIUM

Aluminium closed above 1 week high with volume signals up breakoutCurrently 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 SELL signal
Intraday Trend- Buy is advised above 114.7 with a stop at 113 Below 112.6 go for sell with a stop at 114.3
Intraday Resistance of ALUMINIUM are 114.5/115.2/118.6/121.7/127/130/135.7/141.6
Intraday Support of ALUMINIUM are 112.8/112.1/108.4/105.5/100.7/98/93.1/88.4



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