ALUMINIUM TREND FOR TODAY- 19-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 . Cautious point is buying at higer levels seems decreasing. The Aluminium is now trading in overbought level. The Aluminium is now trading in overbought level. The oscillator is showing BUY signal For short term The current position is BUY .Positionally Support for the Aluminium is 113-112-109-108-107-106-. Immediate resistance for Aluminium is 121

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 116 The Aluminium is now trading in highly overbought level. The oscillator is showing BUY signal 
Intraday Trend- Buy is advised above 121.7 with a stop at 120 Below 119.6 go for sell with a stop at 121.3
Intraday Resistance of ALUMINIUM are 121.3 : 121.9 : 126.2 : 128.6 : 131.9 : 135.3 : 137.7 : 140.1
Intraday Support of ALUMINIUM are 120 : 119.4 : 115.2 : 113 : 109.9 : 106.9 : 104.7 : 102.6

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