Tuesday 2 April 2013

ALUMINIUM TREND FOR TODAY- 03-April-2013


Aluminium is bearish for medium-long term .Currently Aluminium is in strong downtrend 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 HOLD SHORTposition.Positionally Immediate support for Aluminium is 102.Resistance for the Aluminium is 104-105-108-109-110-

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 104.95 with stop at 101.85 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 103.4 with a stop at 101.9 Below 101.5 go for sell
Intraday Resistance of ALUMINIUM are 103.4/104.2/107.7/110.7/115.7/118.6/124.1/129.7
Intraday Support of ALUMINIUM are 101.5/100.7/98/95.2/90.7/88.2/83.5/79
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1 comments :

  1. It is a well executed post. I like the diagram most. It is a helpful informative post. Thanks for sharing this great information. Stock Tips | Free Stock Tips

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