Wednesday, 17 July 2013

ALUMINIUM TREND FOR TODAY- 18-July-2013

Aluminium is in long- term bull phase .Currently Aluminium is in strong uptrend but volume is unsatisfactory The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The oscillator is showing SELL signal For short term Aluminium is in HOLD SHORTposition.Positionally Support for the Aluminium is 104-.Resistance for the Aluminium is 106-107-
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 107.0 The oscillator is showing SELL signal
Intraday Trend- Buy is advised above 106.4 with a stop at 104.8 Below 104.4 go for sell
Intraday Resistance of ALUMINIUM are 106.2 : 106.9 : 110.6 : 112.8 : 115.9 : 119.1 : 121.4 : 123.7
Intraday Support of ALUMINIUM are 104.6 : 103.9 : 100.3 : 98.3 : 95.4 : 92.6 : 90.6 : 88.6

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1 comments :

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