Friday, 19 April 2013

ALUMINIUM TREND FOR TODAY- 20-April-2013


 Aluminium is bearish for medium-long term .Currently Aluminium is moving sideways The oscillator is showing BUY signal .In last 1 month volatality is very less Buy the Aluminium above 104 or buy with strict stop at 98. The oscillator is showing BUY signal For short term Aluminium is in HOLD SHORT position.Positionally Immediate support for Aluminium is 98.Resistance for the Aluminium is 102-103-105-107-108-
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 102.95 with stop at 98.05 The Aluminium is now trading is approaching overbought level. The oscillator is on SELL signal and Aluminium is coming down from overbought level
Intraday Trend- Buy is advised above 102.3 with a stop at 99.7 Below 98.9 go for sell
Intraday Resistance of ALUMINIUM are 101.4/102/105.8/108.7/113.8/116.6/122.1/127.6
Intraday Support of ALUMINIUM are 99.8/99.2/96.2/93.5/88.9/86.5/81.9/77.4

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