Sunday, 31 March 2013

ALUMINIUM TREND FOR TODAY- 01-April-2013


Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend with good momentum 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 Aluminium is in SELLposition.Positionally Immediate support for Aluminium is 102.Resistance for the Aluminium is 106-108-109-110-

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 104.95 or hold with stop at 101.85 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 104.7 with a stop at 103 Below 102.6 go for sell
Intraday Resistance of ALUMINIUM are 104.4/105.1/108.6/111.5/116.6/119.5/125/130.6
Intraday Support of ALUMINIUM are 102.9/102.2/98.8/96/91.4/88.9/84.3/79.7
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