Friday, 29 March 2013

ALUMINIUM TREND FOR TODAY-30-March-2013


Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Aluminium is in SELL position.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 SHORT position The Aluminium is in downtrend For short term buy only if close above 104.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 105.4 with a stop at 103.4 Below 102.9 go for sell
Intraday Resistance of ALUMINIUM are 104.8/105.4/109.2/112.2/117.3/120.2/125.7/131.4
Intraday Support of ALUMINIUM are 103.5/102.9/99.4/96.7/92/89.5/84.9/80.3
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