Tuesday 19 February 2013

ALUMINIUM TREND FOR TODAY-20-FEB-2013


Aluminium is in long- medium- short-medium- 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 Aluminium is now trading in overbought level. The Aluminium is now trading in overbought level. The oscillator is showing SELL signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 112-111-110-.Resistance for the Aluminium is 114-

Short term and Intraday Level of ALUMINIUM

Currently Aluminium is in HOLD SHORT position Aluminium is moving sideways so short term investor better to buy only above 116.2 or hold with stop at 112.3 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 114 with a stop at 112.1 Below 111.6 go for sell
Intraday Resistance of ALUMINIUM are 113.5/114.2/118.1/121.1/126.4/129.4/135.2/141
Intraday Support of ALUMINIUM are 112.1/111.4/107.9/105/100.2/97.5/92.7/87.9

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1 comments :

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