Tuesday, 16 April 2013

ALUMINIUM TREND FOR TODAY- 17-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 SELL signal For short term Aluminium is in HOLD SHORTposition.Positionally Support for the Aluminium is 103-102-.Resistance for the Aluminium is 106-107-109-
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 102.0 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 104.3 with a stop at 102 Below 101.4 go for sell and put stop at 103.7
Intraday Resistance of ALUMINIUM are 103.5/104.1/105.1/107.1/110/115/117.9/123.4/129
Intraday Support of ALUMINIUM are 102.2/101.6/100.6/97.4/94.6/90.1/87.6/83/78.5

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