Monday 22 July 2013

ALUMINIUM TREND FOR TODAY- 23-July-2013

Aluminium is in long- medium- short-medium- term bull phase .Currently Aluminium is moving sideways The oscillator is showing SELL signal but has moved past its recent high with good volume points to a positive break out . The oscillator is showing SELL signal For short term Aluminium is in SELL position and closed above 1 week high with volume signals up breakout.Positionally Support for the Aluminium is 106-105-104-. Immediate resistance for Aluminium is 108
Short term and Intraday Level of ALUMINIUM
Aluminium closed above 1 week high with volume signals up breakoutCurrently Aluminium is in HOLD LONG position Aluminium has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 108.7 with stop at 104.95 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised only above 108.7 with a stop at 106.7 Below 106.2 go for sell and put stop at 108.2
Intraday Resistance of ALUMINIUM are 108.5 : 109.4 : 112.7 : 114.9 : 118.1 : 121.3 : 123.6 : 125.9
Intraday Support of ALUMINIUM are 106.4 : 105.5 : 102.3 : 100.2 : 97.3 : 94.5 : 92.5 : 90.5
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