Thursday, 1 August 2013

ALUMINIUM TREND FOR TODAY- 02-Aug-2013

Aluminium is in perfect uptrend .Currently Aluminium is in strong downtrend but volume is unsatisfactory The open interest is not increasing with trend . Noting point is selling at lower levels seems decreasing. The oscillator is showing BUY signal For short term Aluminium is in HOLD LONGposition.Positionally Support for the Aluminium is 107-106-105-104-. Immediate resistance for Aluminium is 110
Short term and Intraday Level of ALUMINIUM
Currently Aluminium is in HOLD LONG position Aluminium is moving sideways so short term investor better to buy only above 109.65 with stop at 103.85 The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 109.4 with a stop at 107.8 Below 107.4 go for sell
Intraday Resistance of ALUMINIUM are 109.2 : 109.9 : 113.7 : 115.9 : 119.1 : 122.3 : 124.6 : 126.9
Intraday Support of ALUMINIUM are 107.6 : 106.9 : 103.3 : 101.2 : 98.2 : 95.4 : 93.3 : 91.3

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