Friday, 5 July 2013

ALUMINIUM TREND FOR TODAY- 06-July-2013

Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONG position.Positionally Support for the Aluminium is 106-105-104-. Immediate resistance for Aluminium is 109
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position Aluminium is in profit booking mode so better sell and enter at lower level The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 107.8 with a stop at 106.2 Below 105.8 go for sell
Intraday Resistance of ALUMINIUM are 107.6 : 108.3 : 112 : 114.2 : 117.4 : 120.6 : 122.9 : 125.2
Intraday Support of ALUMINIUM are 106 : 105.3 : 101.7 : 99.6 : 96.7 : 93.9 : 91.9 : 89.9

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