Monday, 22 July 2013

ALUMINIUM TREND FOR TODAY- 22-July-2013

Aluminium is in long- term bull phase .Currently Aluminium is in strong downtrend with good momentum but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing SELL signal For short term Aluminium is in SELL 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 LONG position In short term Aluminium is in strong up trend so hold with stop at 106 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 107.5 with a stop at 105.9 Below 105.5 go for sell with a stop at 107.1
Intraday Resistance of ALUMINIUM are 106.6 : 106.8 : 111.7 : 113.9 : 117.1 : 120.2 : 122.5 : 124.9
Intraday Support of ALUMINIUM are 106.4 : 106.2 : 101.4 : 99.3 : 96.4 : 93.6 : 91.6 : 89.6

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