Thursday, 25 April 2013

ALUMINIUM TREND FOR TODAY- 26-April-2013


Aluminium is bearish for medium-long term .Currently Aluminium is moving sideways The oscillator is showing BUY signal but has moved past its recent high with good volume points to a positive break out . The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position and closed above 1 week high with volume signals up breakout.Positionally Support for the Aluminium is 102-.Resistance for the Aluminium is 107-108-
Short term and Intraday Level of ALUMINIUM
Aluminium closed above 1 week high with volume signals up breakoutCurrently Aluminium is in HOLD LONG position Aluminium has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 104.9 with stop at 100.1 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 104.9 with a stop at 103 Below 102.5 go for sell and put stop at 104.4
Intraday Resistance of ALUMINIUM are 104.7/105.5/108.1/111/116.1/118.9/124.4/130.1
Intraday Support of ALUMINIUM are 102.7/101.9/98.3/95.6/91/88.5/83.8/79.3

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