Tuesday, 13 August 2013

ALUMINIUM TREND FOR TODAY- 14-Aug-2013

Aluminium is in perfect uptrend .Currently Aluminium is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 110-109-107-105-. Immediate resistance for Aluminium is 114
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 112 The Aluminium is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 115.4 with a stop at 112.4 Below 111.5 go for sell with stop at 114.5
Intraday Resistance of ALUMINIUM are 114.2 : 114.8 : 118.8 : 121.1 : 124.4 : 127.6 : 130 : 132.4
Intraday Support of ALUMINIUM are 112.7 : 112.1 : 108.2 : 106 : 103 : 100.1 : 98 : 96
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