ALUMINIUM TREND FOR TODAY- 10-July-2013

Aluminium is in long- medium- term bull phase .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 is BUY .Positionally Support for the Aluminium is 105-104-.Resistance for the Aluminium is 106-107-

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 only above 108.25 or hold with stop at 105.7 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 107.6 with a stop at 105.4 Below 104.8 go for sell
Intraday Resistance of ALUMINIUM are 107.2 : 108.1 : 111.4 : 113.6 : 116.8 : 119.9 : 122.2 : 124.5
Intraday Support of ALUMINIUM are 105.2 : 104.3 : 101.1 : 99 : 96.1 : 93.3 : 91.3 : 89.3

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