Monday 18 February 2013

ALUMINIUM TREND FOR TODAY-19-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 . In last few days lot of positive accumulation happened in the Aluminium. The Aluminium is now trading in overbought level. The Aluminium is now trading in overbought level. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 113-112-111-110-. Immediate resistance for Aluminium is 116

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 114 The Aluminium is now trading is approaching overbought level. The oscillator is on SELL signal and Aluminium is coming down from overbought level
Intraday Trend- Buy is advised above 114.7 with a stop at 112.8 Below 112.3 go for sell with stop at 114.2
Intraday Resistance of ALUMINIUM are 114.3/115.1/116.4/119.5/122.6/127.9/130.9/136.7/142.6
Intraday Support of ALUMINIUM are 112.7/111.9/110.6/109.3/106.4/101.5/98.9/93.9/89.2


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