Wednesday, 31 July 2013

ALUMINIUM TREND FOR TODAY- 01-Aug-2013

Aluminium is in long- term bull phase .Currently Aluminium is in strong downtrend and the trend is supported with good volume The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing SELL signal For short term Aluminium is inSELL position.Positionally Support for the Aluminium is 105-104-.Resistance for the Aluminium is 107-
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 if close above 106.85 closing below 103.8 Sell will happen. The Aluminium is now trading is approaching oversold level. The oscillator is on BUY Signal and Aluminium is recovering from oversold level
Intraday Trend- Buy is advised only above 106.6 with a stop at 104.8 Below 104.4 go for sell and put stop at 106.2
Intraday Resistance of ALUMINIUM are 106.4 : 107.2 : 110.7 : 112.9 : 116 : 119.2 : 121.5 : 123.8
Intraday Support of ALUMINIUM are 104.6 : 103.8 : 100.4 : 98.4 : 95.5 : 92.7 : 90.7 : 88.7

To Get Free Tips:

9770670009, 0731-3299704

0 comments :

Post a Comment