Monday, 8 July 2013

ALUMINIUM TREND FOR TODAY- 09-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 The current position isBUY .Positionally Support for the Aluminium is 107-106-105-104-. Immediate resistance for Aluminium is 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 108.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised only above 109.3 with a stop at 107.1 Below 106.5 go for sell and put stop at 108.7
Intraday Resistance of ALUMINIUM are 109 : 110 : 113.2 : 115.4 : 118.5 : 121.7 : 124 : 126.4
Intraday Support of ALUMINIUM are 106.8 : 105.8 : 102.8 : 100.7 : 97.8 : 94.9 : 92.9 : 90.9

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