Monday, 8 April 2013

ALUMINIUM TREND FOR TODAY- 09-April-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 HOLD SHORTposition.Positionally Immediate support for Aluminium is 101.Resistance for the Aluminium is 104-107-108-110-

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 102 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 103.7 with a stop at 101.8 Below 101.4 go for sell with stop at 103.3
Intraday Resistance of ALUMINIUM are 103.2/103.7/107.7/110.6/115.7/118.6/124.1/129.7
Intraday Support of ALUMINIUM are 101.9/101.4/98/95.2/90.6/88.1/83.5/79
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1 comments :

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